£264,591
This estimated value is based upon the latest sale price for the house of £190,000 on 9 Nov 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£190,000 | 9 Nov 2015 |
Detached |
Freehold |
Floor Area: 266 sq meters or 2,866 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 November 2015 the House Price Index for COUNTY DURHAM was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £190,000 results in an estimated price of approximately £264,591.
9 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £190,000 | £74,591 | £264,591 |
The Postcode Pricing Model uses changes in average sales price within the DL15 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 | -24.601 % | £-46,741 | £143,258 |
3 Month Average | 0.099 % | £188 | £190,188 |
6 Month Average | 21.681 % | £41,193 | £231,193 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £77,175 | £76,500 | 5 BLADESIDE |
14 Jul 2023 | £91,228 | £90,000 | 46 GRASMERE GROVE |
28 Oct 2022 | £93,988 | £95,000 | 5 OSBOURNE GARDENS |
29 Sep 2022 | £138,879 | £140,000 | 12 BELLE VUE |
20 May 2022 | £63,191 | £62,000 | 12 SANDRINGHAM ROAD |
This house has a floor area of 266 sq meters or 2,866 sq feet when measured on 24 Apr 2009. Using an estimated price of £264,591 means this house is valued at £993 per sq meter (£92 per sq foot).
The average size of a house on WHEATBOTTOM is 170 sq meters (1,832 sq feet).
This house is the largest in the street with a floor area of 266 sq meters (2,866 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near A690 |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatbottom |
Feb 2024 | Anti-social behaviour | On or near Ravensworth Court | |
Feb 2024 | Anti-social behaviour | On or near Ravensworth Court | |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ravensworth Court |