46, LANCASTER HILL, PETERLEE, SR8 2EH - £30,000

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.

46 LANCASTER HILL is a large flat of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £35,739. It was last sold for £30,000 in January 2018, which was around 53% below the average January 2018 flat price in the County Durham local authority area. The most recent EPC inspection was October 2024, where the current energy rating was C, and the potential energy rating was C.

46 LANCASTER HILL Sold Prices

Land registry data shows two sales for 46 LANCASTER HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the County Durham local authority area for the corresponding sale date. Both of the two 46 LANCASTER HILL sales were for below 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
2018 17 JAN	£30,000	£64,479	53% below HPI
2015 22 DEC	£30,000	£61,276	51% below HPI

What might 46 LANCASTER HILL be worth now?

46 LANCASTER HILL might now be worth an estimated £35,739.

This is based on house price inflation of 19.1%, between January 2018 and May 2026, for flats, 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 19.1% inflationary increase is applied to the most recent sale price for 46 LANCASTER HILL of £30,000 on 17th January 2018. For the value to have increased from £30,000 to £35,739 over the seven years and eight months to May 2026, the following assumptions must hold true:

• The value of 46 LANCASTER HILL has moved in line with the HPI for flats in the County Durham local authority area.
• The January 2018 sale price of £30,000 represented a fair market value for the property.
• The size, condition, and specification of 46 LANCASTER HILL has not materially changed since January 2018.

How Large is 46 LANCASTER HILL?

46 LANCASTER HILL is 66m² according to the EPC inspection conducted in October 2024. This puts it in the largest 40% of flats in Peterlee, based on EPC data. 61% of flats are smaller than 46 LANCASTER HILL, and 36% of flats are larger. Note that EPC data is not available for all properties in Peterlee.

46 LANCASTER HILL: Plot

46 LANCASTER HILL sits on a plot of roughly 6.2 acres, or 25,185m².

Where is 46 LANCASTER HILL?

46 LANCASTER HILL is located in PETERLEE, in the SR8 postcode district.