£157,196
This estimated value is based upon the latest sale price for the house of £130,000 on 3 Jul 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £130,000 | 3 Jul 2020 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 2020 the House Price Index for COUNTY DURHAM was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £130,000 results in an estimated price of approximately £157,196.
| 3 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £130,000 | £27,196 | £157,196 |
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 | 16.655 % | £21,651 | £151,651 |
| 3 Month Average | 0.909 % | £1,181 | £131,181 |
| 6 Month Average | -1.436 % | £-1,866 | £128,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £81,352 | £80,312 | 47 WATSON ROAD |
| 17 Jul 2023 | £85,146 | £84,000 | 1 BRUNTON WALK |
| 30 Jun 2023 | £94,900 | £93,750 | 2 CUMBY ROAD |
| 28 Apr 2023 | £178,927 | £177,000 | 10 WATSON ROAD |
| 5 Aug 2022 | £89,758 | £90,000 | 7 CROSBY ROAD |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 31 Oct 2019. Using an estimated price of £157,196 means this house is valued at £1,139 per sq meter (£105 per sq foot).
The average size of a house on CUMBY ROAD is 92 sq meters (1,000 sq feet).
This house is the largest in the street with a floor area of 138 sq meters (1,485 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Cumby Road | |
| Mar 2024 | Anti-social behaviour | On or near Cumby Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Doxford Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Doxford Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Crosby Road |