7, GARSIDE GROVE, PETERLEE, SR8 2QB - £141,000

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.

7 GARSIDE GROVE is a semi-detached house, which could now be worth an estimated £169,685. It was last sold for £141,000 in August 2007, which was around 23% above the average August 2007 semi-detached price in the County Durham local authority area.

7 GARSIDE GROVE Sold Prices

Land registry data shows three sales for 7 GARSIDE GROVE 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 7 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
2007 31 AUG	£141,000	£114,660	23% above HPI
2001 4 MAY	£58,500	£43,412	35% above HPI
1997 18 DEC	£53,000	£39,522	34% above HPI

What might 7 GARSIDE GROVE be worth now?

7 GARSIDE GROVE might now be worth an estimated £169,685.

This is based on house price inflation of 20.3%, between August 2007 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 20.3% inflationary increase is applied to the most recent sale price for 7 GARSIDE GROVE of £141,000 on 31st August 2007. For the value to have increased from £141,000 to £169,685 over the nineteen years and three months to May 2026, the following assumptions must hold true:

• The value of 7 GARSIDE GROVE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The August 2007 sale price of £141,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GARSIDE GROVE has not materially changed since August 2007.

Where is 7 GARSIDE GROVE?

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