5, SKIDDAW CLOSE, PETERLEE, SR8 5PE - £54,000

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 SKIDDAW CLOSE is a semi-detached house, which could now be worth an estimated £171,640. It was last sold for £54,000 in May 2001, which was around 24% above the average May 2001 semi-detached price in the County Durham local authority area.

5 SKIDDAW CLOSE Sold Prices

Land registry data shows two sales for 5 SKIDDAW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Both of the two 5 SKIDDAW 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
2001 31 MAY	£54,000	£43,412	24% above HPI
1997 23 APR	£49,250	£37,608	31% above HPI

What might 5 SKIDDAW CLOSE be worth now?

5 SKIDDAW CLOSE might now be worth an estimated £171,640.

This is based on house price inflation of 217.9%, between May 2001 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 217.9% inflationary increase is applied to the most recent sale price for 5 SKIDDAW CLOSE of £54,000 on 31st May 2001. For the value to have increased from £54,000 to £171,640 over the 25 years to May 2026, the following assumptions must hold true:

• The value of 5 SKIDDAW CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The May 2001 sale price of £54,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SKIDDAW CLOSE has not materially changed since May 2001.

Where is 5 SKIDDAW CLOSE?

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