£200,274
This estimated value is based upon the latest sale price for the house of £161,000 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£161,000 | 29 Jun 2018 |
Detached |
Freehold |
Floor Area: 154 sq meters or 1,657 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 June 2018 the House Price Index for COUNTY DURHAM was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £161,000 results in an estimated price of approximately £200,274.
29 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.6 | 24.394 % | £161,000 | £39,274 | £200,274 |
The Postcode Pricing Model uses changes in average sales price within the DL15 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 | -17.865 % | £-28,762 | £132,237 |
3 Month Average | 5.693 % | £9,165 | £170,165 |
6 Month Average | 20.856 % | £33,577 | £194,577 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £77,175 | £76,500 | 5 BLADESIDE |
14 Jul 2023 | £91,228 | £90,000 | 46 GRASMERE GROVE |
28 Oct 2022 | £93,988 | £95,000 | 5 OSBOURNE GARDENS |
29 Sep 2022 | £138,879 | £140,000 | 12 BELLE VUE |
27 Aug 2021 | £101,521 | £91,000 | 3 WHEATBOTTOM |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 14 Jan 2013. Using an estimated price of £200,275 means this house is valued at £1,300 per sq meter (£120 per sq foot).
The average size of a house on WHEATBOTTOM is 170 sq meters (1,832 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near A690 |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatbottom |
Feb 2024 | Anti-social behaviour | On or near Ravensworth Court | |
Feb 2024 | Anti-social behaviour | On or near Ravensworth Court | |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ravensworth Court |