£293,810
This estimated value is based upon the latest sale price for the house of £170,000 on 17 Dec 2009. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£170,000 | 17 Dec 2009 |
£128,000 | 12 Mar 2003 |
£72,000 | 17 Jun 1996 |
Detached |
Freehold |
Floor Area: 113 sq meters or 1,226 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 December 2009 the House Price Index for COUNTY DURHAM was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £170,000 results in an estimated price of approximately £293,810.
17 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.830 % | £170,000 | £123,810 | £293,810 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -40.064 % | £-68,109 | £101,890 |
3 Month Average | -31.015 % | £-52,725 | £117,274 |
6 Month Average | -24.610 % | £-41,836 | £128,163 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £161,169 | £159,000 | 11 HILTON DRIVE |
25 Nov 2022 | £207,487 | £210,000 | 19 HILTON DRIVE |
11 Aug 2022 | £214,423 | £215,000 | 90 O'NEILL DRIVE |
4 May 2022 | £261,936 | £257,000 | 8 HILTON DRIVE |
7 Apr 2022 | £221,407 | £215,000 | 5 HILTON DRIVE |
This house has a floor area of 113 sq meters or 1,226 sq feet when measured on 7 Oct 2008. Using an estimated price of £293,811 means this house is valued at £2,577 per sq meter (£239 per sq foot).
The average size of a house on HILTON DRIVE is 116 sq meters (1,255 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hilton Drive |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hilton Drive |
Feb 2024 | Drugs | Further investigation is not in the public interest | On or near Hilton Drive |
Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Hilton Drive |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hilton Drive |