5, GARSIDE GROVE, PETERLEE, SR8 2QB - £124,000

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.

5 GARSIDE GROVE is a semi-detached house, which could now be worth an estimated £178,959. It was last sold for £124,000 in February 2017, which was around 30% above the average February 2017 semi-detached price in the County Durham local authority area.

5 GARSIDE GROVE Sold Prices

Land registry data shows four sales for 5 GARSIDE GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the four 5 GARSIDE GROVE 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
2017 17 FEB	£124,000	£95,610	30% above HPI
2008 27 JUN	£138,000	£114,303	21% above HPI
2006 26 MAY	£125,000	£105,717	18% above HPI
1996 5 JUL	£56,000	£38,900	44% above HPI

What might 5 GARSIDE GROVE be worth now?

5 GARSIDE GROVE might now be worth an estimated £178,959.

This is based on house price inflation of 44.3%, between February 2017 and May 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 44.3% inflationary increase is applied to the most recent sale price for 5 GARSIDE GROVE of £124,000 on 17th February 2017. For the value to have increased from £124,000 to £178,959 over the eight years and nine months to May 2026, the following assumptions must hold true:

• The value of 5 GARSIDE GROVE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The February 2017 sale price of £124,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GARSIDE GROVE has not materially changed since February 2017.

Where is 5 GARSIDE GROVE?

5 GARSIDE GROVE is located in PETERLEE, in the SR8 postcode district.