£80,682
This estimated value is based upon the latest sale price for the house of £64,750 on 7 Aug 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £64,750 | 7 Aug 2018 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2018 the House Price Index for COUNTY DURHAM was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £64,750 results in an estimated price of approximately £80,682.
| 7 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £64,750 | £15,932 | £80,682 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -18.953 % | £-12,272 | £52,477 |
| 3 Month Average | -1.646 % | £-1,065 | £63,684 |
| 6 Month Average | 12.529 % | £8,112 | £72,862 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £190,865 | £185,000 | 2 ELDERBERRY CLOSE |
| 6 Oct 2023 | £56,278 | £55,000 | 16 FERN CRESCENT |
| 25 Sep 2023 | £80,781 | £79,000 | 63 FERN CRESCENT |
| 8 Aug 2023 | £60,898 | £59,800 | 61 FERN CRESCENT |
| 2 Aug 2023 | £90,635 | £89,000 | 94 HEATHWAY |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 12 Apr 2018. Using an estimated price of £80,682 means this house is valued at £1,034 per sq meter (£96 per sq foot).
The average size of a house on HEATHWAY is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Maple Crescent |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Maple Crescent |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Laburnum Crescent |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laburnum Crescent |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Laburnum Crescent |