£228,510
This estimated value is based upon the latest sale price for the house of £225,000 on 22 Mar 2024. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£225,000 | 22 Mar 2024 |
Detached |
Freehold |
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 2024 the House Price Index for COUNTY DURHAM was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £225,000 results in an estimated price of approximately £228,510.
22 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.4 | 149.7 | 1.560 % | £225,000 | £3,510 | £228,510 |
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 | -4.077 % | £-9,174 | £215,825 |
3 Month Average | -1.847 % | £-4,155 | £220,844 |
6 Month Average | -1.670 % | £-3,756 | £221,243 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £181,577 | £180,000 | 35 DEVONSHIRE ROAD |
22 Mar 2024 | £228,511 | £225,000 | 130 DEVONSHIRE ROAD |
30 Nov 2023 | £251,381 | £245,000 | 24 HEREFORDSHIRE DRIVE |
22 Sep 2023 | £143,156 | £140,000 | 64 DEVONSHIRE ROAD |
30 Jun 2023 | £244,908 | £240,000 | 63 DEVONSHIRE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cambridgeshire Drive |
Sep 2024 | Anti-social behaviour | On or near Shropshire Drive | |
Sep 2024 | Anti-social behaviour | On or near Shropshire Drive | |
Oct 2024 | Shoplifting | Awaiting court outcome | On or near Oxfordshire Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Oxfordshire Drive |