£446,201
This estimated value is based upon the latest sale price for the house of £355,000 on 6 Oct 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£355,000 | 6 Oct 2017 |
Detached |
Freehold |
Floor Area: 282 sq meters or 3,041 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 2017 the House Price Index for COUNTY DURHAM was 117.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.690%.Applying this 25.690% change to the original purchase price of £355,000 results in an estimated price of approximately £446,201.
6 Oct 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.0 | 25.690 % | £355,000 | £91,201 | £446,201 |
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 | -20.951 % | £-74,375 | £280,624 |
3 Month Average | 19.326 % | £68,606 | £423,606 |
6 Month Average | 21.792 % | £77,362 | £432,362 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £135,743 | £134,000 | 23 DERWENT CLOSE |
14 Oct 2022 | £172,437 | £175,000 | 45 MARINERS WAY |
27 Jun 2022 | £252,509 | £249,950 | 36 MARINERS WAY |
13 May 2022 | £162,516 | £160,100 | 9 DERWENT CLOSE |
25 Feb 2022 | £464,785 | £445,000 | 5 BOULMER LEA |
This house has a floor area of 282 sq meters or 3,041 sq feet when measured on 29 Jan 2009. Using an estimated price of £446,201 means this house is valued at £1,579 per sq meter (£146 per sq foot).
The average size of a house on BOULMER LEA is 282 sq meters (3,041 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dene Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Goswick Way |
Mar 2024 | Vehicle crime | Under investigation | On or near Goswick Way |
Apr 2024 | Drugs | On or near Seaham (Station) | |
Mar 2024 | Violence and sexual offences | On or near Seaham (Station) |