£517,958
This estimated value is based upon the latest sale price for the house of £140,000 on 25 Aug 2000. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£140,000 | 25 Aug 2000 |
Detached |
Freehold |
Floor Area: 334 sq meters or 3,595 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 2000 the House Price Index for DURHAM was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £140,000 results in an estimated price of approximately £517,958.
25 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.2 | 148.6 | 269.970 % | £140,000 | £377,958 | £517,958 |
The Postcode Pricing Model uses changes in average sales price within the DL15 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 | 137.525 % | £192,535 | £332,535 |
3 Month Average | 176.911 % | £247,675 | £387,675 |
6 Month Average | 153.961 % | £215,545 | £355,545 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2022 | £39,679 | £39,999 | 35 HAMSTERLEY DRIVE |
5 Aug 2022 | £229,383 | £230,000 | 23 HEATHER LANE |
20 May 2022 | £193,649 | £190,000 | 56 HEATHER LANE |
20 Jan 2022 | £2,773 | £2,635 | 5 COLLIER CLOSE |
5 Nov 2021 | £178,450 | £165,000 | 26 HIGH WEST ROAD |
This house has a floor area of 334 sq meters or 3,595 sq feet when measured on 5 May 2014. Using an estimated price of £517,959 means this house is valued at £1,550 per sq meter (£144 per sq foot).
The average size of a house on HIGH WEST ROAD is 157 sq meters (1,695 sq feet).
This house is the largest in the street with a floor area of 334 sq meters (3,595 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near A689 | |
Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Jan 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Jan 2024 | Anti-social behaviour | On or near Sports/Recreation Area |