£398,517
This estimated value is based upon the latest sale price for the house of £300,000 on 29 Sep 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £300,000 | 29 Sep 2016 |
| Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,743 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 2016 the House Price Index for COUNTY DURHAM was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £300,000 results in an estimated price of approximately £398,517.
| 29 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £300,000 | £98,517 | £398,517 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 31.203 % | £93,610 | £393,610 |
| 3 Month Average | 15.195 % | £45,584 | £345,584 |
| 6 Month Average | 11.026 % | £33,079 | £333,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £169,163 | £167,000 | 63 ST BARNABAS |
| 30 Aug 2023 | £272,383 | £270,000 | 44 THE MEADOWS |
| 7 Aug 2023 | £232,030 | £230,000 | 38 THE MEADOWS |
| 29 Jun 2023 | £384,659 | £380,000 | 20 CASTLEFIELDS |
| 3 Apr 2023 | £368,973 | £365,000 | 2 CASTLEFIELDS |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 17 Sep 2015. Using an estimated price of £398,517 means this house is valued at £2,459 per sq meter (£228 per sq foot).
The average size of a house on CASTLEREIGH CLOSE is 132 sq meters (1,429 sq feet).
This house is the largest in the street with a floor area of 162 sq meters (1,743 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chester Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chester Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Beaumaris |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beaumaris |
| Apr 2024 | Other crime | Further investigation is not in the public interest | On or near Beaumaris |