4, SMITHFIELD, PITY ME, DURHAM, DH1 5PP - £340,000

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 SMITHFIELD is a detached house, which could now be worth an estimated £426,903. It was last sold for £340,000 in December 2020, which was around 82% above the average December 2020 detached price in the County Durham local authority area.

4 SMITHFIELD Sold Prices

Land registry data shows four sales for 4 SMITHFIELD 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 4 SMITHFIELD 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
2020 9 DEC	£340,000	£186,646	82% above HPI
2007 28 SEP	£327,000	£197,773	65% above HPI
1999 27 OCT	£150,000	£79,572	89% above HPI
1998 30 OCT	£143,950	£75,681	90% above HPI

What might 4 SMITHFIELD be worth now?

4 SMITHFIELD might now be worth an estimated £426,903.

This is based on house price inflation of 25.6%, between December 2020 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 25.6% inflationary increase is applied to the most recent sale price for 4 SMITHFIELD of £340,000 on 9th December 2020. For the value to have increased from £340,000 to £426,903 over the six years and seven months to May 2026, the following assumptions must hold true:

• The value of 4 SMITHFIELD has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2020 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SMITHFIELD has not materially changed since December 2020.

Where is 4 SMITHFIELD?

4 SMITHFIELD is located in PITY ME, in the DH1 postcode district.