£176,361
This estimated value is based upon the latest sale price for the house of £170,000 on 29 Apr 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£170,000 | 29 Apr 2022 |
£229,950 | 14 Nov 2014 |
£88,725 | 30 Jun 2000 |
£60,000 | 15 Jul 1999 |
Detached |
Freehold |
Floor Area: 129 sq meters or 1,388 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 April 2022 the House Price Index for DURHAM was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £170,000 results in an estimated price of approximately £176,361.
29 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £170,000 | £6,361 | £176,361 |
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 | 7.441 % | £12,649 | £182,649 |
3 Month Average | 41.644 % | £70,795 | £240,795 |
6 Month Average | 12.013 % | £20,421 | £190,421 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £225,000 | £225,000 | 23 SANDOWN DRIVE |
21 Aug 2023 | £328,423 | £322,500 | 2 HICKSTEAD RISE |
11 Aug 2023 | £252,555 | £248,000 | 14 LOWTHER DRIVE |
23 Jun 2023 | £158,170 | £155,000 | 25 SANDOWN DRIVE |
31 Mar 2023 | £147,463 | £145,000 | 5 FAWN CLOSE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 16 Nov 2021. Using an estimated price of £176,362 means this house is valued at £1,367 per sq meter (£127 per sq foot).
The average size of a house on HICKSTEAD RISE is 151 sq meters (1,629 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Beechers Grove |
May 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Hind Court |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hind Court |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Raby Drive |
Apr 2024 | Anti-social behaviour | On or near Brancepeth Close |