5, MITCHELL CLOSE, PETERLEE, SR8 2QA - £120,000

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 MITCHELL CLOSE is a semi-detached house, which could now be worth an estimated £161,839. It was last sold for £120,000 in November 2005, which was around 16% above the average November 2005 semi-detached price in the County Durham local authority area.

5 MITCHELL CLOSE Sold Prices

Land registry data shows three sales for 5 MITCHELL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the three 5 MITCHELL 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
2005 25 NOV	£120,000	£103,532	16% above HPI
2000 20 OCT	£60,000	£43,838	37% above HPI
1997 31 OCT	£53,000	£39,486	34% above HPI

What might 5 MITCHELL CLOSE be worth now?

5 MITCHELL CLOSE might now be worth an estimated £161,839.

This is based on house price inflation of 34.9%, between November 2005 and April 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 34.9% inflationary increase is applied to the most recent sale price for 5 MITCHELL CLOSE of £120,000 on 25th November 2005. For the value to have increased from £120,000 to £161,839 over the 21 years and seven months to April 2026, the following assumptions must hold true:

• The value of 5 MITCHELL CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The November 2005 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MITCHELL CLOSE has not materially changed since November 2005.

Where is 5 MITCHELL CLOSE?

5 MITCHELL CLOSE is located in PETERLEE, in the SR8 postcode district.