£202,024
This estimated value is based upon the latest sale price for the house of £200,000 on 15 Jul 2022. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £200,000 | 15 Jul 2022 |
| £136,000 | 7 Jun 2013 |
| £84,995 | 10 May 2002 |
| Detached |
| 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 July 2022 the House Price Index for COUNTY DURHAM was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £200,000 results in an estimated price of approximately £202,024.
| 15 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £200,000 | £2,024 | £202,024 |
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 | 3.835 % | £7,670 | £207,670 |
| 3 Month Average | 19.316 % | £38,632 | £238,632 |
| 6 Month Average | 6.129 % | £12,258 | £212,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2023 | £40,901 | £39,999 | 2 MIDDLETON CLOSE |
| 22 Sep 2023 | £293,469 | £287,000 | 51 EGGLESTON DRIVE |
| 4 Aug 2023 | £235,243 | £231,000 | 14 GRASSHOLME CLOSE |
| 2 Feb 2023 | £215,943 | £214,500 | 14 MIDDLETON CLOSE |
| 27 Jan 2023 | £280,750 | £280,000 | 16 EGGLESTON DRIVE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 27 Aug 2021. Using an estimated price of £202,024 means this house is valued at £2,927 per sq meter (£272 per sq foot).
The average size of a house on MIDDLETON CLOSE is 103 sq meters (1,111 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Under investigation | On or near Mickleton Close |
| May 2024 | Anti-social behaviour | On or near Mickleton Close | |
| May 2024 | Anti-social behaviour | On or near Mickleton Close | |
| May 2024 | Anti-social behaviour | On or near Mickleton Close | |
| Jul 2024 | Other crime | Under investigation | On or near Grassholme Close |