£231,628
This estimated value is based upon the latest sale price for the house of £214,950 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£214,950 | 24 Sep 2021 |
£194,995 | 18 Mar 2016 |
Detached |
Freehold |
Floor Area: 114 sq meters or 1,227 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 September 2021 the House Price Index for COUNTY DURHAM was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £214,950 results in an estimated price of approximately £231,628.
24 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £214,950 | £16,678 | £231,628 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | -23.047 % | £-49,540 | £165,409 |
3 Month Average | -5.153 % | £-11,076 | £203,873 |
6 Month Average | -14.051 % | £-30,203 | £184,746 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £156,500 | £156,500 | 25 DEAN LANE |
21 Oct 2022 | £160,769 | £162,500 | 1 DEAN LANE |
24 Jun 2022 | £172,437 | £170,000 | 19 QUEENS PARK ROAD |
6 May 2022 | £137,593 | £135,000 | 17 QUEENS PARK ROAD |
8 Nov 2021 | £192,509 | £178,000 | 6 DEAN LANE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 9 Feb 2016. Using an estimated price of £231,629 means this house is valued at £2,031 per sq meter (£188 per sq foot).
The average size of a house on BIRCH PARK AVENUE is 116 sq meters (1,251 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birch Park Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queens Park Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queens Park Road |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Queens Park Road |
Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Queens Park Road |