£111,916
This estimated value is based upon the latest sale price for the house of £108,000 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£108,000 | 25 Mar 2022 |
£75,000 | 12 Sep 2018 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 March 2022 the House Price Index for COUNTY DURHAM was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £108,000 results in an estimated price of approximately £111,916.
25 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £108,000 | £3,916 | £111,916 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 35.091 % | £37,898 | £145,898 |
3 Month Average | 14.920 % | £16,113 | £124,113 |
6 Month Average | 6.140 % | £6,631 | £114,631 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £88,307 | £87,000 | 13 MARKHAM PLACE |
28 Jul 2023 | £86,160 | £85,000 | 16 LIDDELL CLOSE |
24 Aug 2022 | £81,780 | £82,000 | 4 LIDDELL CLOSE |
19 Aug 2022 | £111,699 | £112,000 | 78 MELLANBY CRESCENT |
22 Jul 2022 | £86,182 | £85,950 | 10 JACKSON PLACE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 15 Jun 2017. Using an estimated price of £111,916 means this house is valued at £1,286 per sq meter (£119 per sq foot).
The average size of a house on ROSS WALK is 103 sq meters (1,115 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Liddell Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Liddell Close |
Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mellanby Crescent |