£244,208
This estimated value is based upon the latest sale price for the house of £198,000 on 9 Jul 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £198,000 | 9 Jul 2019 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 sq feet |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in July 2019 the House Price Index for COUNTY DURHAM was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £198,000 results in an estimated price of approximately £244,208.
| 9 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £198,000 | £46,208 | £244,208 |
The Postcode Pricing Model uses changes in average sales price within the DL5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 36.198 % | £71,671 | £269,671 |
| 3 Month Average | 11.235 % | £22,244 | £220,244 |
| 6 Month Average | 5.808 % | £11,499 | £209,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £116,728 | £115,000 | 35 BLUEBELL MEADOW |
| 15 Sep 2023 | £101,295 | £100,000 | 15 BLUEBELL MEADOW |
| 14 Apr 2023 | £181,909 | £179,950 | 44 HAMSTERLEY ROAD |
| 27 Jan 2023 | £164,226 | £165,000 | 48 HAMSTERLEY ROAD |
| 15 Jul 2022 | £97,262 | £97,000 | 19 BLUEBELL MEADOW |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 4 Oct 2018. Using an estimated price of £244,208 means this house is valued at £2,161 per sq meter (£200 per sq foot).
The average size of a house on PAXTON CLOSE is 106 sq meters (1,145 sq feet).
This house is the largest in the street with a floor area of 113 sq meters (1,216 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Paxton Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hamsterley Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Bluebell Meadow |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barton Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barton Close |