£150,356
This estimated value is based upon the latest sale price for the house of £82,500 on 18 Oct 2005. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£82,500 | 18 Oct 2005 |
£59,950 | 11 Aug 2004 |
£31,000 | 18 Mar 2002 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 sq feet |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in October 2005 the House Price Index for DURHAM was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £82,500 results in an estimated price of approximately £150,356.
18 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 148.6 | 82.250 % | £82,500 | £67,856 | £150,356 |
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 | 53.217 % | £43,903 | £126,403 |
3 Month Average | 29.095 % | £24,003 | £106,503 |
6 Month Average | 24.282 % | £20,032 | £102,532 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £112,668 | £111,000 | 3 RAINE WALK |
3 Nov 2023 | £80,187 | £79,000 | 74 BISCOP CRESCENT |
27 Feb 2023 | £44,970 | £45,000 | 43 HATFIELD ROAD |
17 Feb 2023 | £94,936 | £95,000 | 20 HEILD CLOSE |
6 Jul 2022 | £110,297 | £110,000 | 19 SHERATON ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 6 Sep 2013. Using an estimated price of £150,357 means this house is valued at £2,031 per sq meter (£188 per sq foot).
The average size of a house on HATFIELD ROAD is 84 sq meters (912 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Unable to prosecute suspect | On or near Sheraton Road |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Sheraton Road |