£442,904
This estimated value is based upon the latest sale price for the house of £99,995 on 28 May 1999. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£99,995 | 28 May 1999 |
Detached |
Freehold |
Floor Area: 122 sq meters or 1,316 sq feet |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in May 1999 the House Price Index for DURHAM was 33.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 342.927%.Applying this 342.927% change to the original purchase price of £99,995 results in an estimated price of approximately £442,904.
28 May 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.5 | 148.6 | 342.927 % | £99,995 | £342,909 | £442,904 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 162.995 % | £162,987 | £262,982 |
3 Month Average | 147.590 % | £147,583 | £247,578 |
6 Month Average | 148.539 % | £148,531 | £248,526 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £248,004 | £245,000 | 20 WINDSOR CLOSE |
15 Feb 2023 | £254,829 | £255,000 | 7 WINDSOR CLOSE |
31 Oct 2022 | £125,647 | £127,000 | 7 EPSOM COURT |
26 Nov 2021 | £140,597 | £130,000 | 2 KEMPTON CLOSE |
6 Jul 2021 | £241,346 | £210,000 | 3 KEMPTON CLOSE |
This house has a floor area of 122 sq meters or 1,316 sq feet when measured on 19 Sep 2011. Using an estimated price of £442,904 means this house is valued at £3,622 per sq meter (£336 per sq foot).
The average size of a house on CHELTENHAM WAY is 99 sq meters (1,069 sq feet).
This house is the largest in the street with a floor area of 122 sq meters (1,316 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kempton Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kempton Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kempton Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kempton Close |
Mar 2024 | Anti-social behaviour | On or near Gatcombe Close |