£216,494
This estimated value is based upon the latest sale price for the house of £172,500 on 26 Jan 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £172,500 | 26 Jan 2018 |
| £180,000 | 15 Dec 2017 |
| £184,995 | 25 Apr 2014 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 January 2018 the House Price Index for COUNTY DURHAM was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £172,500 results in an estimated price of approximately £216,494.
| 26 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £172,500 | £43,994 | £216,494 |
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 | 18.649 % | £32,169 | £204,669 |
| 3 Month Average | 6.743 % | £11,631 | £184,131 |
| 6 Month Average | 13.781 % | £23,772 | £196,272 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £69,609 | £69,000 | 32 BRIAR CLOSE |
| 20 Jul 2023 | £226,042 | £223,000 | 3 SNOWDROP CLOSE |
| 27 Jan 2023 | £218,969 | £220,000 | 17 BLUEBELL DRIVE |
| 11 Feb 2022 | £68,165 | £65,000 | 34 HAWTHORN ROAD |
| 1 Feb 2022 | £78,652 | £75,000 | 27 GRAYSON ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 4 Feb 2014. Using an estimated price of £216,495 means this house is valued at £1,652 per sq meter (£153 per sq foot).
The average size of a house on SNOWDROP CLOSE is 133 sq meters (1,436 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Buddleia Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Briar Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Briar Close |
| Feb 2024 | Anti-social behaviour | On or near Briar Close | |
| Feb 2024 | Anti-social behaviour | On or near Briar Close |