£140,979
This estimated value is based upon the latest sale price for the house of £114,950 on 8 Nov 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £114,950 | 8 Nov 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 November 2019 the House Price Index for COUNTY DURHAM was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £114,950 results in an estimated price of approximately £140,979.
| 8 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £114,950 | £26,029 | £140,979 |
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 | 25.061 % | £28,807 | £143,757 |
| 3 Month Average | 21.104 % | £24,258 | £139,208 |
| 6 Month Average | 17.985 % | £20,673 | £135,623 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £95,000 | £95,000 | 11 PARK AVENUE |
| 28 Jul 2023 | £100,351 | £99,000 | 14 PARK AVENUE |
| 14 Jul 2023 | £76,023 | £75,000 | 1 GLADSTONE GARDENS |
| 15 Jun 2022 | £87,740 | £86,500 | 7 GLADSTONE GARDENS |
| 12 May 2022 | £129,439 | £127,000 | 70 SHERBURN TERRACE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 26 Oct 2018. Using an estimated price of £140,980 means this house is valued at £1,762 per sq meter (£163 per sq foot).
The average size of a house on NORTHFIELD VIEW is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Salisbury Street |
| Mar 2024 | Drugs | Under investigation | On or near Salisbury Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Russell Close |
| Apr 2024 | Anti-social behaviour | On or near Russell Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Robson Street |