£355,600
This estimated value is based upon the latest sale price for the house of £230,000 on 23 May 2014. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£230,000 | 23 May 2014 |
£185,000 | 4 Mar 2011 |
£86,995 | 9 Apr 1999 |
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 May 2014 the House Price Index for COUNTY DURHAM was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £230,000 results in an estimated price of approximately £355,600.
23 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.6 | 54.609 % | £230,000 | £125,600 | £355,600 |
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 | -23.301 % | £-53,593 | £176,406 |
3 Month Average | -15.252 % | £-35,080 | £194,919 |
6 Month Average | -12.314 % | £-28,322 | £201,677 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £242,612 | £240,000 | 25 PRIMROSE CLOSE |
27 Jan 2023 | £218,969 | £220,000 | 17 BLUEBELL DRIVE |
30 Mar 2022 | £241,397 | £232,950 | 31 PRIMROSE CLOSE |
14 Mar 2022 | £254,921 | £246,000 | 2 WESTMOOR CLOSE |
1 Mar 2022 | £255,957 | £247,000 | 9 PRIMROSE CLOSE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 31 Oct 2009. Using an estimated price of £355,600 means this house is valued at £3,118 per sq meter (£289 per sq foot).
The average size of a house on PRIMROSE CLOSE is 140 sq meters (1,511 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bluebell Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westmoor Close |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Duncombe Close |
Jan 2024 | Drugs | Formal action is not in the public interest | On or near Duncombe Close |
Jan 2024 | Drugs | Under investigation | On or near Duncombe Close |