£212,718
This estimated value is based upon the latest sale price for the house of £180,000 on 8 Oct 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £180,000 | 8 Oct 2020 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 October 2020 the House Price Index for COUNTY DURHAM was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £180,000 results in an estimated price of approximately £212,718.
| 8 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £180,000 | £32,718 | £212,718 |
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 | -35.339 % | £-63,609 | £116,390 |
| 3 Month Average | -15.179 % | £-27,321 | £152,678 |
| 6 Month Average | -11.640 % | £-20,951 | £159,048 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £300,000 | £300,000 | 113 DAPHNE CRESCENT |
| 29 Apr 2022 | £191,923 | £185,000 | 34 CHESTNUT WAY |
| 24 Jan 2022 | £224,762 | £212,000 | 41 REDWOOD |
| 13 Sep 2021 | £265,964 | £245,000 | 14 CHERRY GROVE |
| 20 Nov 2020 | £210,228 | £180,000 | 17 REDWOOD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 17 Sep 2015. Using an estimated price of £212,718 means this house is valued at £1,988 per sq meter (£184 per sq foot).
The average size of a house on DAPHNE CRESCENT is 171 sq meters (1,843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Redwood |
| Apr 2024 | Anti-social behaviour | On or near Redwood | |
| Apr 2024 | Anti-social behaviour | On or near Redwood | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redwood |
| Apr 2024 | Anti-social behaviour | On or near Redwood |