£163,997
This estimated value is based upon the latest sale price for the house of £163,000 on 7 Aug 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£163,000 | 7 Aug 2023 |
£140,000 | 17 Sep 2019 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 August 2023 the House Price Index for COUNTY DURHAM was 147.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.612%.Applying this 0.612% change to the original purchase price of £163,000 results in an estimated price of approximately £163,997.
7 Aug 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.1 | 148.0 | 0.612 % | £163,000 | £997 | £163,997 |
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 | 33.439 % | £54,505 | £217,505 |
3 Month Average | -4.504 % | £-7,341 | £155,658 |
6 Month Average | -6.831 % | £-11,135 | £151,864 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £167,566 | £167,000 | 6 RUSHYFORD COURT |
21 Nov 2023 | £248,186 | £245,000 | 32 THE SWALE |
1 Nov 2023 | £146,886 | £145,000 | 5 RUSHYFORD COURT |
7 Aug 2023 | £163,997 | £163,000 | 10 THE GLADE |
29 Mar 2023 | £217,045 | £215,000 | 8 LAYTON COURT |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 5 Feb 2019. Using an estimated price of £163,997 means this house is valued at £1,863 per sq meter (£173 per sq foot).
The average size of a house on THE GLADE is 102 sq meters (1,108 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Glade |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Swale |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Brafferton Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Stargate Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stargate Close |