£272,155
This estimated value is based upon the latest sale price for the house of £232,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£232,000 | 16 Oct 2020 |
Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 October 2020 the House Price Index for COUNTY DURHAM was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £232,000 results in an estimated price of approximately £272,155.
16 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £232,000 | £40,155 | £272,155 |
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 | -23.940 % | £-55,540 | £176,459 |
3 Month Average | -9.922 % | £-23,019 | £208,980 |
6 Month Average | 0.685 % | £1,588 | £233,588 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jun 2023 | £354,292 | £350,000 | 8 PAGE GROVE |
6 Apr 2023 | £242,612 | £240,000 | 25 PRIMROSE CLOSE |
27 Jan 2023 | £218,969 | £220,000 | 17 BLUEBELL DRIVE |
30 Mar 2022 | £241,397 | £232,950 | 31 PRIMROSE CLOSE |
14 Mar 2022 | £254,921 | £246,000 | 2 WESTMOOR CLOSE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 31 Jul 2020. Using an estimated price of £272,155 means this house is valued at £2,777 per sq meter (£258 per sq foot).
The average size of a house on WESTMOOR CLOSE is 167 sq meters (1,806 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westmoor Close |
Apr 2024 | Burglary | Under investigation | On or near Duncombe Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duncombe Close |
Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Duncombe Close |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Duncombe Close |