£197,372
This estimated value is based upon the latest sale price for the house of £160,000 on 19 Dec 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £160,000 | 19 Dec 2018 |
| Terraced |
| 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 December 2018 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 23.358%.Applying this 23.358% change to the original purchase price of £160,000 results in an estimated price of approximately £197,372.
| 19 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £160,000 | £37,372 | £197,372 |
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 | -18.326 % | £-29,322 | £130,677 |
| 3 Month Average | -44.230 % | £-70,767 | £89,232 |
| 6 Month Average | -19.994 % | £-31,989 | £128,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £185,241 | £182,000 | 28 THE MOORLANDS |
| 9 Aug 2023 | £141,236 | £140,000 | 4 ST JOSEPHS CLOSE |
| 12 Jun 2023 | £242,943 | £240,000 | 67 MUSGRAVE GARDENS |
| 25 Apr 2023 | £176,905 | £175,000 | 14 MUSGRAVE GARDENS |
| 24 Feb 2023 | £185,875 | £186,000 | 97 MUSGRAVE GARDENS |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 15 Feb 2018. Using an estimated price of £197,373 means this house is valued at £1,746 per sq meter (£162 per sq foot).
The average size of a house on THE MOORLANDS is 107 sq meters (1,160 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Saint Joseph'S Close | |
| Mar 2024 | Anti-social behaviour | On or near Saint Joseph'S Close | |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Saint Joseph'S Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sunderland Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Musgrave Gardens |