4, ELSDON CLOSE, PETERLEE, SR8 1NE - £83,000

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.

4 ELSDON CLOSE is a detached house, which could now be worth an estimated £261,561. It was last sold for £83,000 in July 1998, which was around 12% above the average July 1998 detached price in the County Durham local authority area.

4 ELSDON CLOSE Sold Prices

Land registry data shows one sale for 4 ELSDON CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the County Durham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1998 14 JUL	£83,000	£74,366	12% above HPI

What might 4 ELSDON CLOSE be worth now?

4 ELSDON CLOSE might now be worth an estimated £261,561.

This is based on house price inflation of 215.1%, between July 1998 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 215.1% inflationary increase is applied to the most recent sale price for 4 ELSDON CLOSE of £83,000 on 14th July 1998. For the value to have increased from £83,000 to £261,561 over the 28 years and two months to May 2026, the following assumptions must hold true:

• The value of 4 ELSDON CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 1998 sale price of £83,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ELSDON CLOSE has not materially changed since July 1998.

Where is 4 ELSDON CLOSE?

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