£290,906
This estimated value is based upon the latest sale price for the house of £170,500 on 13 Apr 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £170,500 | 13 Apr 2012 |
| £160,000 | 28 Apr 2006 |
| 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 COUNTY DURHAM to estimate the market value.
When this house was purchased in April 2012 the House Price Index for COUNTY DURHAM was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £170,500 results in an estimated price of approximately £290,906.
| 13 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £170,500 | £120,406 | £290,906 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -35.866 % | £-61,151 | £109,348 |
| 3 Month Average | -22.569 % | £-38,480 | £132,019 |
| 6 Month Average | -10.840 % | £-18,482 | £152,017 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £709,550 | £700,000 | CHESTNUT GROVE THE VILLAGE |
| 8 Jun 2023 | £303,678 | £300,000 | 1 DONERSTON GROVE |
| 18 Apr 2023 | £251,710 | £249,000 | 14 SHADFORTH CLOSE |
| 21 Mar 2023 | £272,568 | £270,000 | 11 THE VILLAGE |
| 22 Nov 2022 | £215,885 | £218,500 | 6 DONERSTON GROVE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 1 Oct 2009. Using an estimated price of £290,907 means this house is valued at £2,254 per sq meter (£209 per sq foot).
The average size of a house on SHADFORTH CLOSE is 135 sq meters (1,463 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Shadforth Close |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Shadforth Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shadforth Close |