£302,782
This estimated value is based upon the latest sale price for the house of £245,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £245,000 | 6 Dec 2019 |
| £235,000 | 7 Jun 2016 |
| £210,000 | 10 Aug 2009 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 December 2019 the House Price Index for COUNTY DURHAM was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £245,000 results in an estimated price of approximately £302,782.
| 6 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £245,000 | £57,782 | £302,782 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | 1.275 % | £3,122 | £248,122 |
| 3 Month Average | 19.764 % | £48,420 | £293,420 |
| 6 Month Average | 3.257 % | £7,978 | £252,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £309,511 | £300,000 | 112 WARKWORTH DRIVE |
| 28 Apr 2023 | £173,240 | £170,000 | 3 THROPTON CLOSE |
| 13 Jan 2023 | £85,228 | £85,000 | 4 THROPTON CLOSE |
| 26 Aug 2022 | £416,950 | £415,000 | 4 BEWICK CLOSE |
| 29 Apr 2022 | £436,237 | £420,501 | 7 BEWICK CLOSE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 21 Mar 2016. Using an estimated price of £302,782 means this house is valued at £3,027 per sq meter (£281 per sq foot).
The average size of a house on WARKWORTH DRIVE is 110 sq meters (1,191 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Cheviot Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bewick Close |
| Sep 2024 | Vehicle crime | Under investigation | On or near Thropton Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lomond Place |
| Oct 2024 | Vehicle crime | Under investigation | On or near Chatton Close |