£111,727
This estimated value is based upon the latest sale price for the house of £65,000 on 27 Jan 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£65,000 | 27 Jan 2012 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 2012 the House Price Index for COUNTY DURHAM was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.888%.Applying this 71.888% change to the original purchase price of £65,000 results in an estimated price of approximately £111,727.
27 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 148.6 | 71.888 % | £65,000 | £46,727 | £111,727 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 39.064 % | £25,391 | £90,391 |
3 Month Average | -12.650 % | £-8,222 | £56,777 |
6 Month Average | 4.382 % | £2,848 | £67,848 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £71,247 | £70,000 | 15 DENESIDE |
29 Sep 2023 | £81,036 | £80,000 | 38 OXCLOSE CRESCENT |
28 Apr 2023 | £121,306 | £120,000 | 86 WOOD VUE |
27 Apr 2023 | £75,816 | £75,000 | 30 TEES CRESCENT |
6 Oct 2022 | £108,828 | £110,000 | 35 DENESIDE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 3 May 2013. Using an estimated price of £111,727 means this house is valued at £1,284 per sq meter (£119 per sq foot).
The average size of a house on DENESIDE is 100 sq meters (1,085 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Deneside |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Deneside |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Deneside |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ox Close Crescent |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Ox Close Crescent |