£216,883
This estimated value is based upon the latest sale price for the house of £215,000 on 5 Apr 2024. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£215,000 | 5 Apr 2024 |
£174,995 | 4 Dec 2015 |
Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 April 2024 the House Price Index for COUNTY DURHAM was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £215,000 results in an estimated price of approximately £216,883.
5 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.4 | 149.7 | 0.876 % | £215,000 | £1,883 | £216,883 |
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 | 82.756 % | £177,925 | £392,925 |
3 Month Average | 23.938 % | £51,467 | £266,467 |
6 Month Average | 4.320 % | £9,287 | £224,287 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £216,883 | £215,000 | 16 BIRCH PARK AVENUE |
27 Mar 2024 | £158,942 | £156,500 | 25 DEAN LANE |
26 Mar 2024 | £172,653 | £170,000 | 5 ABBEY GREEN |
16 Oct 2023 | £230,229 | £225,000 | 12 ABBEY GREEN |
6 Oct 2023 | £168,835 | £165,000 | 7 ABBEY GREEN |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 11 Nov 2015. Using an estimated price of £216,883 means this house is valued at £2,105 per sq meter (£195 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 |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Queens Park Road |
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 Abbey Green |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Harper Grove |