£369,483
This estimated value is based upon the latest sale price for the house of £249,999 on 13 Feb 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £249,999 | 13 Feb 2015 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 February 2015 the House Price Index for COUNTY DURHAM was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £249,999 results in an estimated price of approximately £369,483.
| 13 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £249,999 | £119,484 | £369,483 |
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 | -39.433 % | £-98,582 | £151,416 |
| 3 Month Average | -29.076 % | £-72,690 | £177,308 |
| 6 Month Average | -15.513 % | £-38,781 | £211,217 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £334,959 | £330,000 | 7 CARROCK CLOSE |
| 12 Aug 2022 | £145,608 | £146,000 | 37 O'NEILL DRIVE |
| 21 Jan 2022 | £257,840 | £245,000 | 29 ONEILL DRIVE |
| 3 Dec 2021 | £321,413 | £300,000 | 1 CARROCK CLOSE |
| 9 Oct 2020 | £263,944 | £225,000 | 1 MITFORD COURT |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 3 Dec 2013. Using an estimated price of £369,484 means this house is valued at £3,809 per sq meter (£353 per sq foot).
The average size of a house on CARROCK CLOSE is 126 sq meters (1,358 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Bellister Park |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mitford Court |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Hospital |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near O'Neill Drive |