£129,073
This estimated value is based upon the latest sale price for the house of £100,000 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £100,000 | 30 Jun 2017 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 June 2017 the House Price Index for COUNTY DURHAM was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £100,000 results in an estimated price of approximately £129,073.
| 30 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £100,000 | £29,073 | £129,073 |
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 | 16.103 % | £16,103 | £116,103 |
| 3 Month Average | 31.911 % | £31,911 | £131,911 |
| 6 Month Average | 19.185 % | £19,185 | £119,185 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £90,788 | £90,000 | 16 MERZ ROAD |
| 16 Nov 2023 | £107,735 | £105,000 | 23 BUTLER ROAD |
| 8 Nov 2023 | £110,813 | £108,000 | 6 RITSON ROAD |
| 5 Jun 2023 | £86,738 | £85,000 | 23 BOWES ROAD |
| 27 Jan 2023 | £54,145 | £54,000 | 50 LYON WALK |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 20 Jan 2015. Using an estimated price of £129,074 means this house is valued at £1,373 per sq meter (£127 per sq foot).
The average size of a house on CASTLEREAGH CLOSE is 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Butler Road | |
| Jul 2024 | Anti-social behaviour | On or near Butler Road | |
| Jun 2024 | Anti-social behaviour | On or near Butler Road | |
| Jun 2024 | Anti-social behaviour | On or near Butler Road | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Butler Road |