£173,037
This estimated value is based upon the latest sale price for the house of £133,500 on 31 Mar 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £133,500 | 31 Mar 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 March 2017 the House Price Index for COUNTY DURHAM was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £133,500 results in an estimated price of approximately £173,037.
| 31 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £133,500 | £39,537 | £173,037 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 15.274 % | £20,390 | £153,890 |
| 3 Month Average | 23.860 % | £31,852 | £165,352 |
| 6 Month Average | 17.565 % | £23,449 | £156,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £244,274 | £240,000 | 16 ROLLING MILL |
| 10 Nov 2023 | £147,179 | £145,000 | 17 ASH GROVE |
| 31 Aug 2023 | £166,456 | £165,000 | 6 GROSVENOR TERRACE |
| 26 Jul 2023 | £197,660 | £195,000 | 6 ROLLING MILL |
| 18 Nov 2022 | £222,307 | £225,000 | 25 ROLLING MILL |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 2 Dec 2016. Using an estimated price of £173,037 means this house is valued at £1,821 per sq meter (£169 per sq foot).
There is one other house on the street which we know the size of, this is 1 CROOKHALL ROAD it is 112.08126
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Ash Grove |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ash Grove |