£606,691
This estimated value is based upon the latest sale price for the house of £357,700 on 19 Jun 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£357,700 | 19 Jun 2012 |
Detached |
Freehold |
Floor Area: 219 sq meters or 2,366 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 June 2012 the House Price Index for COUNTY DURHAM was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £357,700 results in an estimated price of approximately £606,691.
19 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.609 % | £357,700 | £248,991 | £606,691 |
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 | -29.616 % | £-105,936 | £251,763 |
3 Month Average | -23.419 % | £-83,770 | £273,929 |
6 Month Average | -7.301 % | £-26,115 | £331,584 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £140,000 | £140,000 | 10 RIPLEY CLOSE |
21 Jul 2023 | £212,814 | £209,950 | 1 HOWSHAM ROAD |
20 Jan 2023 | £221,954 | £223,000 | 70 LOTHERTON DRIVE |
28 Sep 2022 | £128,959 | £130,000 | 7 MORGAN DRIVE |
19 Aug 2022 | £159,570 | £160,000 | 34 MORGAN DRIVE |
This house has a floor area of 219 sq meters or 2,366 sq feet when measured on 2 Aug 2011. Using an estimated price of £606,692 means this house is valued at £2,759 per sq meter (£256 per sq foot).
The average size of a house on MARSKE WAY is 110 sq meters (1,194 sq feet).
This house is the largest in the street with a floor area of 219 sq meters (2,366 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marske Way |
Apr 2024 | Anti-social behaviour | On or near Ripley Close | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morgan Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morgan Drive |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Morgan Drive |