£113,106
This estimated value is based upon the latest sale price for the house of £91,500 on 20 May 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £91,500 | 20 May 2019 |
| £90,000 | 27 May 2016 |
| £85,000 | 22 Apr 2009 |
| £77,000 | 7 Apr 2006 |
| £74,000 | 7 Apr 2004 |
| £37,950 | 27 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 May 2019 the House Price Index for COUNTY DURHAM was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £91,500 results in an estimated price of approximately £113,106.
| 20 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £91,500 | £21,606 | £113,106 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 66.941 % | £61,251 | £152,751 |
| 3 Month Average | 12.933 % | £11,833 | £103,333 |
| 6 Month Average | 4.038 % | £3,694 | £95,194 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £85,594 | £84,500 | 66 SHAFTO WAY |
| 1 Sep 2023 | £131,633 | £129,950 | 41 EDEN ROAD |
| 8 Aug 2023 | £78,688 | £78,000 | 12 ARROWSMITH SQUARE |
| 16 Jun 2023 | £141,717 | £140,000 | 33 EDEN ROAD |
| 18 Apr 2023 | £70,762 | £70,000 | 1 KELLAWE PLACE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 21 Feb 2019. Using an estimated price of £113,107 means this house is valued at £1,216 per sq meter (£112 per sq foot).
The average size of a house on RAMSEY PLACE is 126 sq meters (1,356 sq feet).
This house is the largest in the street with a floor area of 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ramsay Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ramsay Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ramsay Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ramsay Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stanfield Road |