£190,168
This estimated value is based upon the latest sale price for the house of £123,000 on 21 May 2014. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£123,000 | 21 May 2014 |
£126,000 | 28 Apr 2006 |
£67,000 | 23 Nov 2001 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 742 sq feet |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in May 2014 the House Price Index for 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 £123,000 results in an estimated price of approximately £190,168.
21 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.6 | 54.609 % | £123,000 | £67,168 | £190,168 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 24.849 % | £30,563 | £153,563 |
3 Month Average | 13.457 % | £16,551 | £139,551 |
6 Month Average | 13.616 % | £16,747 | £139,747 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £248,004 | £245,000 | 20 WINDSOR CLOSE |
15 Feb 2023 | £254,829 | £255,000 | 7 WINDSOR CLOSE |
31 Oct 2022 | £125,647 | £127,000 | 7 EPSOM COURT |
26 Nov 2021 | £140,597 | £130,000 | 2 KEMPTON CLOSE |
6 Jul 2021 | £241,346 | £210,000 | 3 KEMPTON CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 26 Feb 2014. Using an estimated price of £190,169 means this house is valued at £2,756 per sq meter (£256 per sq foot).
The average size of a house on CHELTENHAM WAY is 99 sq meters (1,069 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kempton Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kempton Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kempton Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kempton Close |
Mar 2024 | Anti-social behaviour | On or near Gatcombe Close |