£271,341
This estimated value is based upon the latest sale price for the house of £48,500 on 31 Mar 1995. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£48,500 | 31 Mar 1995 |
Semi-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 DURHAM to estimate the market value.
When this house was purchased in March 1995 the House Price Index for DURHAM was 26.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 459.468%.Applying this 459.468% change to the original purchase price of £48,500 results in an estimated price of approximately £271,341.
31 Mar 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.6 | 148.6 | 459.468 % | £48,500 | £222,841 | £271,341 |
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 | 265.545 % | £128,789 | £177,289 |
3 Month Average | 273.909 % | £132,845 | £181,345 |
6 Month Average | 274.091 % | £132,934 | £181,434 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2023 | £137,480 | £136,000 | 28 LANCASHIRE DRIVE |
31 Mar 2023 | £199,883 | £198,000 | 111 DEVONSHIRE ROAD |
27 Jun 2022 | £180,552 | £178,000 | 6 LEICESTERSHIRE DRIVE |
20 May 2022 | £290,473 | £285,000 | 10 LEICESTERSHIRE DRIVE |
29 Apr 2022 | £205,960 | £200,000 | 105 DEVONSHIRE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 18 Aug 2014. Using an estimated price of £271,342 means this house is valued at £2,713 per sq meter (£252 per sq foot).
The average size of a house on DEVONSHIRE ROAD is 112 sq meters (1,210 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lancashire Drive |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Huntingdonshire Drive |
Dec 2023 | Other theft | Under investigation | On or near Ryedale |
Feb 2024 | Burglary | Under investigation | On or near The Links |
Feb 2024 | Violence and sexual offences | Local resolution | On or near The Links |