£248,603
This estimated value is based upon the latest sale price for the house of £195,000 on 7 Jul 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£195,000 | 7 Jul 2017 |
£134,000 | 20 Apr 2010 |
£69,950 | 27 Aug 1999 |
£54,000 | 1 Feb 1996 |
Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 July 2017 the House Price Index for COUNTY DURHAM was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £195,000 results in an estimated price of approximately £248,603.
7 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £195,000 | £53,603 | £248,603 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 4.656 % | £9,078 | £204,078 |
3 Month Average | 6.854 % | £13,365 | £208,365 |
6 Month Average | 18.019 % | £35,136 | £230,136 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £406,011 | £400,000 | 4 BRIERVILLE |
20 Jul 2023 | £557,503 | £550,000 | 1 THE AVENUE |
28 Apr 2023 | £758,163 | £750,000 | 45 THE AVENUE |
21 Feb 2023 | £252,331 | £252,501 | 31 BRIARDENE |
21 Feb 2023 | £459,691 | £460,000 | 20 THE AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 5 Nov 2018. Using an estimated price of £248,603 means this house is valued at £2,959 per sq meter (£274 per sq foot).
The average size of a house on SUMMERVILLE is 123 sq meters (1,326 sq feet).
This house is the smallest in the street with a floor area of 84 sq meters (904 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Palatine View | |
Feb 2024 | Anti-social behaviour | On or near Priory Orchard | |
Feb 2024 | Anti-social behaviour | On or near Priory Orchard |