7, PICKARD CLOSE, PETERLEE, SR8 5LZ - £76,500

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.

7 PICKARD CLOSE is a terraced house, which could now be worth an estimated £95,150. It was last sold for £76,500 in October 2008, which was around 16% below the average October 2008 terraced price in the County Durham local authority area.

7 PICKARD CLOSE Sold Prices

Land registry data shows three sales for 7 PICKARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. The three 7 PICKARD CLOSE sales were a mix of below the average price, and roughly equal to 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
2008 3 OCT	£76,500	£91,285	16% below HPI
2004 23 JAN	£48,950	£57,106	14% below HPI
1999 30 JUL	£32,950	£32,880	Close to HPI

What might 7 PICKARD CLOSE be worth now?

7 PICKARD CLOSE might now be worth an estimated £95,150.

This is based on house price inflation of 24.4%, between October 2008 and May 2026, for terraced 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 24.4% inflationary increase is applied to the most recent sale price for 7 PICKARD CLOSE of £76,500 on 3rd October 2008. For the value to have increased from £76,500 to £95,150 over the eighteen years and five months to May 2026, the following assumptions must hold true:

• The value of 7 PICKARD CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The October 2008 sale price of £76,500 represented a fair market value for the property.
• The size, condition, and specification of 7 PICKARD CLOSE has not materially changed since October 2008.

Where is 7 PICKARD CLOSE?

7 PICKARD CLOSE is located in PETERLEE, in the SR8 postcode district.