£215,910
This estimated value is based upon the latest sale price for the house of £150,000 on 24 Jul 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£150,000 | 24 Jul 2015 |
Detached |
Freehold |
Floor Area: 106 sq meters or 1,140 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 July 2015 the House Price Index for COUNTY DURHAM was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £150,000 results in an estimated price of approximately £215,910.
24 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 148.6 | 43.941 % | £150,000 | £65,910 | £215,910 |
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 | 11.005 % | £16,508 | £166,508 |
3 Month Average | -0.828 % | £-1,241 | £148,758 |
6 Month Average | 7.365 % | £11,047 | £161,047 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Apr 2023 | £177,916 | £176,000 | 10 SCHOOL CLOSE |
14 Apr 2023 | £70,762 | £70,000 | 229 DURHAM ROAD |
27 May 2022 | £249,705 | £245,000 | 27 HILLSIDE COURT |
3 Dec 2021 | £128,565 | £120,000 | 140 DURHAM ROAD |
1 Dec 2021 | £57,319 | £53,500 | 148 DURHAM ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 18 Nov 2014. Using an estimated price of £215,911 means this house is valued at £2,036 per sq meter (£189 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near School Close | |
Jan 2024 | Anti-social behaviour | On or near School Close | |
Jan 2024 | Anti-social behaviour | On or near School Close | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Neville Close |
Mar 2024 | Other theft | Under investigation | On or near B6288 |