£214,712
This estimated value is based upon the latest sale price for the house of £174,995 on 26 Sep 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £174,995 | 26 Sep 2019 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 September 2019 the House Price Index for COUNTY DURHAM was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £174,995 results in an estimated price of approximately £214,712.
| 26 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £174,995 | £39,717 | £214,712 |
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 | 29.973 % | £52,451 | £227,446 |
| 3 Month Average | -9.058 % | £-15,851 | £159,143 |
| 6 Month Average | -5.593 % | £-9,788 | £165,206 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £140,000 | £140,000 | 10 RIPLEY CLOSE |
| 21 Jul 2023 | £212,814 | £209,950 | 1 HOWSHAM ROAD |
| 20 Jan 2023 | £221,954 | £223,000 | 70 LOTHERTON DRIVE |
| 19 Jul 2022 | £122,329 | £122,000 | 25 RIPLEY CLOSE |
| 31 Mar 2022 | £414,505 | £400,000 | 17 MARSKE WAY |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 16 Aug 2019. Using an estimated price of £214,713 means this house is valued at £2,526 per sq meter (£234 per sq foot).
The average size of a house on MARSKE WAY is 110 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marske Way |
| Apr 2024 | Anti-social behaviour | On or near Ripley Close | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Farnley Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Farnley Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farnley Close |