£112,577
This estimated value is based upon the latest sale price for the house of £58,000 on 27 Aug 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£58,000 | 27 Aug 2004 |
£58,000 | 27 Aug 2004 |
£28,250 | 28 Mar 2002 |
£10,000 | 23 Jul 1998 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 August 2004 the House Price Index for DURHAM was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £58,000 results in an estimated price of approximately £112,577.
27 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.1 | 149.7 | 94.099 % | £58,000 | £54,577 | £112,577 |
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 | -8.376 % | £-4,857 | £53,142 |
3 Month Average | 3.941 % | £2,285 | £60,285 |
6 Month Average | 15.014 % | £8,708 | £66,708 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2024 | £75,657 | £75,000 | 63 COTSFORD PARK ESTATE |
8 Dec 2023 | £57,569 | £55,800 | 65 COTSFORD PARK ESTATE |
1 Dec 2023 | £90,790 | £88,000 | 89 COTSFORD PARK ESTATE |
22 Jun 2023 | £54,084 | £53,000 | 161 COTSFORD PARK ESTATE |
28 Jul 2022 | £41,668 | £41,250 | 86 COTSFORD PARK ESTATE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 15 Oct 2013. Using an estimated price of £112,578 means this house is valued at £1,389 per sq meter (£129 per sq foot).
The average size of a house on COTSFORD PARK ESTATE is 82 sq meters (884 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Local resolution | On or near Dixon Rise |
Jul 2024 | Violence and sexual offences | Local resolution | On or near Dixon Rise |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dixon Rise |
May 2024 | Drugs | Unable to prosecute suspect | On or near Dixon Rise |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dixon Rise |