£241,588
This estimated value is based upon the latest sale price for the house of £200,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £200,000 | 28 Aug 2020 |
| £188,000 | 15 Dec 2017 |
| £277,000 | 20 Mar 2007 |
| £82,995 | 26 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 sq feet |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in August 2020 the House Price Index for DURHAM was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £200,000 results in an estimated price of approximately £241,588.
| 28 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £200,000 | £41,588 | £241,588 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | -42.784 % | £-85,568 | £114,431 |
| 3 Month Average | -20.573 % | £-41,146 | £158,853 |
| 6 Month Average | 3.597 % | £7,193 | £207,193 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £219,997 | £215,000 | 1 WINDSOR CLOSE |
| 26 Oct 2023 | £153,435 | £149,950 | 36 CHELTENHAM WAY |
| 16 Jun 2023 | £250,010 | £245,000 | 20 WINDSOR CLOSE |
| 15 Feb 2023 | £256,715 | £255,000 | 7 WINDSOR CLOSE |
| 26 Nov 2021 | £141,638 | £130,000 | 2 KEMPTON CLOSE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 27 Nov 2013. Using an estimated price of £241,588 means this house is valued at £1,996 per sq meter (£185 per sq foot).
The average size of a house on CHELTENHAM WAY is 99 sq meters (1,069 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Windsor Close |
| Aug 2024 | Other crime | Investigation complete; no suspect identified | On or near Cowdray Close |
| Jun 2024 | Anti-social behaviour | On or near Gatcombe Close | |
| Jun 2024 | Anti-social behaviour | On or near Gatcombe Close | |
| Jun 2024 | Anti-social behaviour | On or near Gatcombe Close |