£321,576
This estimated value is based upon the latest sale price for the house of £225,000 on 14 Aug 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £225,000 | 14 Aug 2015 |
| Detached |
| Freehold |
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 August 2015 the House Price Index for COUNTY DURHAM was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £225,000 results in an estimated price of approximately £321,576.
| 14 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £225,000 | £96,576 | £321,576 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 18.383 % | £41,362 | £266,362 |
| 3 Month Average | 14.278 % | £32,124 | £257,124 |
| 6 Month Average | 2.955 % | £6,647 | £231,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £117,048 | £115,000 | 9 FINCHALE VIEW |
| 17 Nov 2023 | £431,387 | £425,000 | MEADOWSTONE PIT HOUSE LANE |
| 23 Jun 2023 | £136,655 | £135,000 | 26 FINCHALE VIEW |
| 21 Jun 2023 | £119,953 | £118,500 | 33 FINCHALE VIEW |
| 26 Jan 2023 | £139,344 | £140,000 | 27 FINCHALE VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Low Station Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Finchale View |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Finchale View |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |
| Mar 2024 | Drugs | Further action is not in the public interest | On or near Station Road |