£327,770
This estimated value is based upon the latest sale price for the house of £212,000 on 14 May 2014. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Hospital
More crime details
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Price Paid | Date |
---|---|
£212,000 | 14 May 2014 |
Detached |
Freehold |
Floor Area: 125 sq meters or 1,345 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 May 2014 the House Price Index for COUNTY DURHAM was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £212,000 results in an estimated price of approximately £327,770.
14 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.6 | 54.609 % | £212,000 | £115,770 | £327,770 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -26.633 % | £-56,461 | £155,538 |
3 Month Average | -12.103 % | £-25,658 | £186,341 |
6 Month Average | 6.315 % | £13,388 | £225,388 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £161,169 | £159,000 | 11 HILTON DRIVE |
25 Nov 2022 | £207,487 | £210,000 | 19 HILTON DRIVE |
12 Aug 2022 | £145,608 | £146,000 | 37 O'NEILL DRIVE |
11 Aug 2022 | £214,423 | £215,000 | 90 O'NEILL DRIVE |
4 May 2022 | £261,936 | £257,000 | 8 HILTON DRIVE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 9 Oct 2013. Using an estimated price of £327,771 means this house is valued at £2,622 per sq meter (£243 per sq foot).
The average size of a house on O'NEILL DRIVE is 105 sq meters (1,137 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Hospital |
Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Hilton Drive |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hilton Drive |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hilton Drive |
Feb 2024 | Drugs | Further investigation is not in the public interest | On or near Hilton Drive |