£318,483
This estimated value is based upon the latest sale price for the house of £247,500 on 12 May 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£247,500 | 12 May 2017 |
Detached |
Freehold |
Floor Area: 120 sq meters or 1,291 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 May 2017 the House Price Index for COUNTY DURHAM was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £247,500 results in an estimated price of approximately £318,483.
12 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £247,500 | £70,983 | £318,483 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | -26.759 % | £-66,229 | £181,270 |
3 Month Average | 7.334 % | £18,150 | £265,650 |
6 Month Average | 14.230 % | £35,218 | £282,718 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £183,205 | £180,000 | 4 GRASSDALE |
12 Apr 2023 | £137,480 | £136,000 | 28 LANCASHIRE DRIVE |
24 Mar 2023 | £211,997 | £210,000 | 55 BUCKINGHAMSHIRE ROAD |
21 Mar 2023 | £196,855 | £195,000 | 2 GRASSDALE |
20 Feb 2023 | £242,337 | £242,500 | 24 THE LINKS |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 27 Aug 2014. Using an estimated price of £318,484 means this house is valued at £2,654 per sq meter (£246 per sq foot).
The average size of a house on THORNDALE ROAD is 113 sq meters (1,225 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lancashire Drive |
Feb 2024 | Violence and sexual offences | Local resolution | On or near The Links |
Feb 2024 | Burglary | Under investigation | On or near The Links |
Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near The Links |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shopping Area |