£126,801
This estimated value is based upon the latest sale price for the house of £94,000 on 29 Apr 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £94,000 | 29 Apr 2016 |
| £99,000 | 18 Mar 2011 |
| £112,500 | 28 Jan 2005 |
| £39,950 | 29 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 53 sq meters or 581 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 2016 the House Price Index for COUNTY DURHAM was 109.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 34.895%.Applying this 34.895% change to the original purchase price of £94,000 results in an estimated price of approximately £126,801.
| 29 Apr 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.0 | 34.895 % | £94,000 | £32,801 | £126,801 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 8.324 % | £7,824 | £101,824 |
| 3 Month Average | 27.036 % | £25,414 | £119,414 |
| 6 Month Average | 18.546 % | £17,433 | £111,433 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Nov 2022 | £121,037 | £123,000 | 11 ROMANY DRIVE |
| 29 Jul 2022 | £189,744 | £190,000 | 46 ROMANY DRIVE |
| 27 Aug 2021 | £199,994 | £179,995 | 28 ABBOTTS WAY |
| 14 Aug 2020 | £60,905 | £51,000 | 10 NORMAN TERRACE |
| 14 Feb 2020 | £198,618 | £162,995 | 7 CLARKE COURT |
This house has a floor area of 53 sq meters or 581 sq feet when measured on 24 Feb 2010. Using an estimated price of £126,801 means this house is valued at £2,349 per sq meter (£218 per sq foot).
The average size of a house on ROMANY DRIVE is 70 sq meters (757 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Genesis Way |
| Mar 2024 | Anti-social behaviour | On or near Genesis Way | |
| Mar 2024 | Anti-social behaviour | On or near Genesis Way | |
| Jan 2024 | Anti-social behaviour | On or near Genesis Way | |
| Jan 2024 | Anti-social behaviour | On or near Genesis Way |