£85,364
This estimated value is based upon the latest sale price for the house of £80,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £80,000 | 17 Dec 2021 |
| £73,000 | 14 Nov 2003 |
| £35,500 | 4 Dec 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 December 2021 the House Price Index for DURHAM was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £80,000 results in an estimated price of approximately £85,364.
| 17 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £80,000 | £5,364 | £85,364 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | -6.444 % | £-5,155 | £74,844 |
| 3 Month Average | 4.165 % | £3,332 | £83,332 |
| 6 Month Average | 3.921 % | £3,137 | £83,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £167,163 | £164,000 | 5 CHARTWELL PLACE |
| 7 Jul 2023 | £106,003 | £105,000 | 245 MEDOMSLEY ROAD |
| 21 Apr 2023 | £106,794 | £106,000 | 269 MEDOMSLEY ROAD |
| 6 Apr 2023 | £80,599 | £80,000 | 257 MEDOMSLEY ROAD |
| 31 Mar 2023 | £68,370 | £68,000 | 8 ALLISON STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 21 May 2019. Using an estimated price of £85,364 means this house is valued at £1,138 per sq meter (£105 per sq foot).
The average size of a house on PARK VIEW is 104 sq meters (1,128 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Laing Street |
| Apr 2024 | Anti-social behaviour | On or near B6308 | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near B6308 |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near B6308 |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near B6308 |