53, HATFIELD PLACE, PETERLEE, SR8 5SS - £27,000

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.

53 HATFIELD PLACE is a large flat of 67m², built sometime between 1930 and 1949, which could now be worth an estimated £33,402. It was last sold for £27,000 in July 2020, which was around 57% below the average July 2020 flat price in the County Durham local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was D.

53 HATFIELD PLACE Sold Prices

Land registry data shows two sales for 53 HATFIELD PLACE 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 53 HATFIELD PLACE 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
2020 10 JUL	£27,000	£62,091	57% below HPI
2005 16 MAY	£19,500	£73,710	74% below HPI

What might 53 HATFIELD PLACE be worth now?

53 HATFIELD PLACE might now be worth an estimated £33,402.

This is based on house price inflation of 23.7%, between July 2020 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 23.7% inflationary increase is applied to the most recent sale price for 53 HATFIELD PLACE of £27,000 on 10th July 2020. For the value to have increased from £27,000 to £33,402 over the six years and two months to May 2026, the following assumptions must hold true:

• The value of 53 HATFIELD PLACE has moved in line with the HPI for flats in the County Durham local authority area.
• The July 2020 sale price of £27,000 represented a fair market value for the property.
• The size, condition, and specification of 53 HATFIELD PLACE has not materially changed since July 2020.

How Large is 53 HATFIELD PLACE?

53 HATFIELD PLACE is 67m² according to the EPC inspection conducted in December 2015. This puts it in the largest 40% of flats in Peterlee, based on EPC data. 66% of flats are smaller than 53 HATFIELD PLACE, and 33% of flats are larger. Note that EPC data is not available for all properties in Peterlee.

53 HATFIELD PLACE: Plot

53 HATFIELD PLACE sits on a plot of roughly 9.8 acres, or 39,642m².

Where is 53 HATFIELD PLACE?

53 HATFIELD PLACE is located in PETERLEE, in the SR8 postcode district.