3, BUTTERMERE, PETERLEE, SR8 1JF - £69,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 BUTTERMERE is a semi-detached house, which could now be worth an estimated £249,543. It was last sold for £69,500 in December 1996, which was around 79% above the average December 1996 semi-detached price in the County Durham local authority area.

3 BUTTERMERE Sold Prices

Land registry data shows two sales for 3 BUTTERMERE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Both of the two 3 BUTTERMERE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1996 16 DEC	£69,500	£38,888	79% above HPI
1995 5 APR	£68,000	£37,032	84% above HPI

What might 3 BUTTERMERE be worth now?

3 BUTTERMERE might now be worth an estimated £249,543.

This is based on house price inflation of 259.1%, between December 1996 and April 2026, for semi-detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 259.1% inflationary increase is applied to the most recent sale price for 3 BUTTERMERE of £69,500 on 16th December 1996. For the value to have increased from £69,500 to £249,543 over the 30 years and eight months to April 2026, the following assumptions must hold true:

• The value of 3 BUTTERMERE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The December 1996 sale price of £69,500 represented a fair market value for the property.
• The size, condition, and specification of 3 BUTTERMERE has not materially changed since December 1996.

Where is 3 BUTTERMERE?

3 BUTTERMERE is located in PETERLEE, in the SR8 postcode district.