£442,958
This estimated value is based upon the latest sale price for the house of £440,000 on 3 Feb 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £440,000 | 3 Feb 2023 |
| £230,000 | 4 Dec 2015 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 February 2023 the House Price Index for COUNTY DURHAM was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £440,000 results in an estimated price of approximately £442,958.
| 3 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £440,000 | £2,958 | £442,958 |
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 | 21.066 % | £92,688 | £532,688 |
| 3 Month Average | -8.696 % | £-38,261 | £401,738 |
| 6 Month Average | -9.917 % | £-43,635 | £396,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £221,927 | £220,000 | 2 PERCY SQUARE |
| 1 Dec 2023 | £577,753 | £560,000 | HIGHWAY ELVET MOOR |
| 21 Aug 2023 | £198,836 | £195,250 | 16 NEVILLE SQUARE |
| 3 Feb 2023 | £442,959 | £440,000 | 14 DOUGLAS GARDENS |
| 1 Feb 2023 | £234,064 | £232,500 | 11 PARK HOUSE ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 31 Jul 2015. Using an estimated price of £442,959 means this house is valued at £4,342 per sq meter (£403 per sq foot).
The average size of a house on DOUGLAS GARDENS is 124 sq meters (1,342 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Percy Square |
| Oct 2024 | Anti-social behaviour | On or near The Steadings | |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Steadings |
| Aug 2024 | Anti-social behaviour | On or near The Steadings | |
| Aug 2024 | Anti-social behaviour | On or near The Steadings |