36, ELSDON CLOSE, PETERLEE, SR8 1NE - £250,000

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.

36 ELSDON CLOSE is a detached house, which could now be worth an estimated £280,230. It was last sold for £250,000 in June 2022, which was around 20% above the average June 2022 detached price in the County Durham local authority area.

36 ELSDON CLOSE Sold Prices

Land registry data shows four sales for 36 ELSDON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 36 ELSDON CLOSE 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
2022 1 JUN	£250,000	£209,071	20% above HPI
2007 31 MAY	£225,000	£188,648	19% above HPI
2003 26 SEP	£174,000	£124,253	40% above HPI
2001 7 SEP	£119,950	£88,488	36% above HPI

What might 36 ELSDON CLOSE be worth now?

36 ELSDON CLOSE might now be worth an estimated £280,230.

This is based on house price inflation of 12.1%, between June 2022 and May 2026, for 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 12.1% inflationary increase is applied to the most recent sale price for 36 ELSDON CLOSE of £250,000 on 1st June 2022. For the value to have increased from £250,000 to £280,230 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 36 ELSDON CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 36 ELSDON CLOSE has not materially changed since June 2022.

Where is 36 ELSDON CLOSE?

36 ELSDON CLOSE is located in PETERLEE, in the SR8 postcode district.