£81,626
This estimated value is based upon the latest sale price for the house of £79,500 on 27 May 2022. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£79,500 | 27 May 2022 |
£38,500 | 25 Oct 2019 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 2022 the House Price Index for COUNTY DURHAM was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £79,500 results in an estimated price of approximately £81,626.
27 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 149.7 | 2.675 % | £79,500 | £2,126 | £81,626 |
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 | 6.823 % | £5,423 | £84,923 |
3 Month Average | -8.010 % | £-6,368 | £73,131 |
6 Month Average | -7.754 % | £-6,164 | £73,335 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £77,378 | £75,000 | 7 HEATH ROAD |
21 Nov 2023 | £56,432 | £55,000 | 79 HEATH ROAD |
10 Nov 2023 | £66,693 | £65,000 | 59 HEATH ROAD |
20 Oct 2023 | £70,604 | £69,000 | 78 CENTRAL DRIVE |
8 Sep 2023 | £81,803 | £80,000 | 75 CENTRAL DRIVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 26 Oct 2018. Using an estimated price of £81,627 means this house is valued at £1,200 per sq meter (£111 per sq foot).
The average size of a house on CENTRAL DRIVE is 77 sq meters (829 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Heath Road |
Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Heath Road |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Heath Road |
Apr 2024 | Theft from the person | Under investigation | On or near Heath Road |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Heath Road |