5, SPRING CLOSE, CONSETT, DH8 0QL - £272,500

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 SPRING CLOSE is a detached house, which could now be worth an estimated £358,438. It was last sold for £272,500 in March 2006, which was around 51% above the average March 2006 detached price in the County Durham local authority area.

5 SPRING CLOSE Sold Prices

Land registry data shows three sales for 5 SPRING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 5 SPRING 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
2006 24 MAR	£272,500	£181,017	51% above HPI
2005 21 OCT	£280,000	£178,880	57% above HPI
1995 28 JUL	£86,000	£69,012	25% above HPI

What might 5 SPRING CLOSE be worth now?

5 SPRING CLOSE might now be worth an estimated £358,438.

This is based on house price inflation of 31.5%, between March 2006 and April 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 31.5% inflationary increase is applied to the most recent sale price for 5 SPRING CLOSE of £272,500 on 24th March 2006. For the value to have increased from £272,500 to £358,438 over the nineteen years and eleven months to April 2026, the following assumptions must hold true:

• The value of 5 SPRING CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The March 2006 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRING CLOSE has not materially changed since March 2006.

Where is 5 SPRING CLOSE?

5 SPRING CLOSE is located in CONSETT, in the DH8 postcode district.