£217,288
This estimated value is based upon the latest sale price for the house of £190,000 on 26 Feb 2021. 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 | 26 Feb 2021 |
£189,995 | 28 Sep 2012 |
Detached |
Freehold |
Floor Area: 114 sq meters or 1,227 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 2021 the House Price Index for COUNTY DURHAM was 130.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.362%.Applying this 14.362% change to the original purchase price of £190,000 results in an estimated price of approximately £217,288.
26 Feb 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
130.9 | 149.7 | 14.362 % | £190,000 | £27,288 | £217,288 |
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 | 28.811 % | £54,741 | £244,741 |
3 Month Average | 11.412 % | £21,683 | £211,683 |
6 Month Average | 0.051 % | £96 | £190,096 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £216,883 | £215,000 | 16 BIRCH PARK AVENUE |
27 Mar 2024 | £158,942 | £156,500 | 25 DEAN LANE |
8 Mar 2023 | £531,374 | £522,500 | 7 EVE LANE |
21 Oct 2022 | £161,959 | £162,500 | 1 DEAN LANE |
24 Jun 2022 | £173,713 | £170,000 | 19 QUEENS PARK ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 14 Sep 2012. Using an estimated price of £217,288 means this house is valued at £1,906 per sq meter (£177 per sq foot).
The average size of a house on QUEENS PARK ROAD is 104 sq meters (1,120 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queens Park Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queens Park Road |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Queens Park Road |
Jun 2024 | Anti-social behaviour | On or near Dean Lane | |
Jun 2024 | Anti-social behaviour | On or near Dean Lane |