£42,166
This estimated value is based upon the latest sale price for the house of £33,500 on 22 Feb 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £33,500 | 22 Feb 2018 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 February 2018 the House Price Index for COUNTY DURHAM was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £33,500 results in an estimated price of approximately £42,166.
| 22 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £33,500 | £8,666 | £42,166 |
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 | 80.597 % | £27,000 | £60,500 |
| 3 Month Average | 28.792 % | £9,645 | £43,145 |
| 6 Month Average | 16.354 % | £5,478 | £38,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £70,604 | £69,000 | 78 CENTRAL DRIVE |
| 17 Oct 2023 | £71,627 | £70,000 | 60 BRIAR CLOSE |
| 8 Sep 2023 | £81,803 | £80,000 | 75 CENTRAL DRIVE |
| 1 Aug 2023 | £70,267 | £69,000 | 32 BRIAR CLOSE |
| 30 Aug 2022 | £82,385 | £82,000 | 98 CENTRAL DRIVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 22 Mar 2017. Using an estimated price of £42,167 means this house is valued at £585 per sq meter (£54 per sq foot).
The average size of a house on HAWTHORN ROAD is 79 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hawthorn Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hawthorn Road |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Hawthorn Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hawthorn Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hawthorn Road |