8, CORNFIELD GARTH, PETERLEE, SR8 5TN - £161,000

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.

8 CORNFIELD GARTH is a detached house, which could now be worth an estimated £199,766. It was last sold for £161,000 in June 2007, which was around 15% below the average June 2007 detached price in the County Durham local authority area.

8 CORNFIELD GARTH Sold Prices

Land registry data shows one sale for 8 CORNFIELD GARTH since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the County Durham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 15 JUN	£161,000	£188,874	15% below HPI

What might 8 CORNFIELD GARTH be worth now?

8 CORNFIELD GARTH might now be worth an estimated £199,766.

This is based on house price inflation of 24.1%, between June 2007 and May 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 24.1% inflationary increase is applied to the most recent sale price for 8 CORNFIELD GARTH of £161,000 on 15th June 2007. For the value to have increased from £161,000 to £199,766 over the nineteen years and one month to May 2026, the following assumptions must hold true:

• The value of 8 CORNFIELD GARTH has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2007 sale price of £161,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CORNFIELD GARTH has not materially changed since June 2007.

Where is 8 CORNFIELD GARTH?

8 CORNFIELD GARTH is located in PETERLEE, in the SR8 postcode district.