£334,249
This estimated value is based upon the latest sale price for the house of £192,495 on 16 Dec 2011. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£192,495 | 16 Dec 2011 |
Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 December 2011 the House Price Index for COUNTY DURHAM was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £192,495 results in an estimated price of approximately £334,249.
16 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £192,495 | £141,754 | £334,249 |
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 | 28.157 % | £54,201 | £246,696 |
3 Month Average | 4.128 % | £7,946 | £200,441 |
6 Month Average | -3.689 % | £-7,100 | £185,394 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £226,974 | £220,000 | 2 BRAY WALK |
20 Jan 2023 | £223,597 | £223,000 | 70 LOTHERTON DRIVE |
28 Sep 2022 | £129,913 | £130,000 | 7 MORGAN DRIVE |
19 Aug 2022 | £160,752 | £160,000 | 34 MORGAN DRIVE |
19 Jul 2022 | £123,235 | £122,000 | 25 RIPLEY CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 5 Dec 2011. Using an estimated price of £334,250 means this house is valued at £3,592 per sq meter (£333 per sq foot).
The average size of a house on HOWSHAM ROAD is 114 sq meters (1,230 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Marske Way | |
Jun 2024 | Anti-social behaviour | On or near Marske Way | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Morgan Drive |
May 2024 | Anti-social behaviour | On or near Morgan Drive | |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Morgan Drive |