£141,522
This estimated value is based upon the latest sale price for the house of £116,500 on 10 Jan 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £116,500 | 10 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 January 2020 the House Price Index for COUNTY DURHAM was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £116,500 results in an estimated price of approximately £141,522.
| 10 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £116,500 | £25,022 | £141,522 |
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 | -75.805 % | £-88,312 | £28,187 |
| 3 Month Average | 1.324 % | £1,542 | £118,042 |
| 6 Month Average | 13.982 % | £16,289 | £132,789 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £94,793 | £93,000 | 57 BOWMONT WALK |
| 7 Dec 2023 | £76,446 | £75,000 | 30 BOWMONT WALK |
| 17 Nov 2023 | £81,040 | £80,000 | 65 REDESDALE ROAD |
| 28 Apr 2023 | £146,086 | £145,000 | 13 REDESDALE ROAD |
| 12 Aug 2022 | £196,671 | £198,000 | 8 MILLFIELD CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 12 Aug 2019. Using an estimated price of £141,523 means this house is valued at £2,051 per sq meter (£190 per sq foot).
The average size of a house on BOWMONT WALK is 59 sq meters (638 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Millfield Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Millfield Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Fenton Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fenton Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fenton Close |