£178,317
This estimated value is based upon the latest sale price for the house of £137,950 on 21 Apr 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £137,950 | 21 Apr 2017 |
| £120,000 | 7 May 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 727 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 April 2017 the House Price Index for COUNTY DURHAM was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £137,950 results in an estimated price of approximately £178,317.
| 21 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £137,950 | £40,367 | £178,317 |
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 | 0.033 % | £45 | £137,995 |
| 3 Month Average | 21.370 % | £29,479 | £167,429 |
| 6 Month Average | 22.294 % | £30,755 | £168,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £165,449 | £163,000 | 62 HILDA PARK |
| 14 Jul 2023 | £92,241 | £91,000 | 1 GLENAVON AVENUE |
| 20 Apr 2023 | £75,816 | £75,000 | 2A GLENAVON AVENUE |
| 7 Jul 2022 | £240,648 | £240,000 | 148 HILDA PARK |
| 22 Apr 2022 | £243,033 | £236,000 | 40 HILDA PARK |
This house has a floor area of 67 sq meters or 727 sq feet when measured on 4 Nov 2008. Using an estimated price of £178,317 means this house is valued at £2,638 per sq meter (£245 per sq foot).
The average size of a house on HILDA PARK is 87 sq meters (939 sq feet).