£276,964
This estimated value is based upon the latest sale price for the house of £185,000 on 27 Oct 2014. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £185,000 | 27 Oct 2014 |
| £73,500 | 13 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 2014 the House Price Index for DURHAM was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £185,000 results in an estimated price of approximately £276,964.
| 27 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £185,000 | £91,964 | £276,964 |
The Postcode Pricing Model uses changes in average sales price within the DL15 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 | 42.586 % | £78,784 | £263,784 |
| 3 Month Average | 11.559 % | £21,385 | £206,385 |
| 6 Month Average | 6.118 % | £11,317 | £196,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £190,318 | £187,500 | 18 GASKELL WAY |
| 17 Feb 2023 | £144,902 | £145,000 | ROOFTOPS, 12A WOODIFIELD HILL |
| 29 Jul 2022 | £300,810 | £300,000 | 15 AUSTEN WAY |
| 11 Feb 2022 | £151,012 | £144,000 | 1 SHERIDAN DRIVE |
| 20 Aug 2021 | £236,511 | £212,000 | 2 FIELDING COURT |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 12 Sep 2014. Using an estimated price of £276,965 means this house is valued at £2,114 per sq meter (£196 per sq foot).
The average size of a house on SHERIDAN DRIVE is 103 sq meters (1,117 sq feet).
This house is the largest in the street with a floor area of 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Larkin Close |
| Mar 2024 | Anti-social behaviour | On or near A689 | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Valley |
| Dec 2023 | Criminal damage and arson | Local resolution | On or near Fern Valley |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Fern Valley |