£297,963
This estimated value is based upon the latest sale price for the house of £254,000 on 29 Oct 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £254,000 | 29 Oct 2020 |
| £229,950 | 25 May 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 October 2020 the House Price Index for DURHAM was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £254,000 results in an estimated price of approximately £297,963.
| 29 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £254,000 | £43,963 | £297,963 |
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 | -14.610 % | £-37,109 | £216,890 |
| 3 Month Average | -0.574 % | £-1,458 | £252,541 |
| 6 Month Average | -1.927 % | £-4,895 | £249,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £161,962 | £160,000 | 12 ESSYN COURT |
| 19 Jan 2023 | £117,447 | £118,000 | 29 ROSEMARY LANE |
| 26 Aug 2022 | £155,581 | £156,000 | 20 ROSEMARY LANE |
| 13 Jul 2022 | £110,297 | £110,000 | 19 CLAPPERS GATE |
| 21 Apr 2022 | £195,662 | £190,000 | CRESULA COTTAGE ROSEMARY LANE |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 29 Jan 2020. Using an estimated price of £297,963 means this house is valued at £2,098 per sq meter (£194 per sq foot).
The average size of a house on ESSYN COURT is 129 sq meters (1,392 sq feet).
This house is the largest in the street with a floor area of 142 sq meters (1,528 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Spinney |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Spinney |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Clappersgate |
| Dec 2023 | Anti-social behaviour | On or near Clappersgate | |
| Dec 2023 | Anti-social behaviour | On or near Clappersgate |