£109,358
This estimated value is based upon the latest sale price for the house of £88,000 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £88,000 | 14 Dec 2018 |
| £64,500 | 7 Jul 2000 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 December 2018 the House Price Index for DURHAM was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £88,000 results in an estimated price of approximately £109,358.
| 14 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £88,000 | £21,358 | £109,358 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -33.056 % | £-29,089 | £58,910 |
| 3 Month Average | 10.923 % | £9,611 | £97,611 |
| 6 Month Average | -4.660 % | £-4,101 | £83,898 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £87,000 | £87,000 | 106 HATFIELD PLACE |
| 12 Apr 2024 | £53,464 | £53,000 | 5 HATFIELD PLACE |
| 20 Jan 2023 | £74,198 | £74,000 | 2 BRAKESPEARE PLACE |
| 6 Jan 2023 | £60,161 | £60,000 | 9 BRAKESPEARE PLACE |
| 14 Apr 2022 | £93,368 | £90,000 | 107 HATFIELD PLACE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 18 Jun 2018. Using an estimated price of £109,359 means this house is valued at £1,022 per sq meter (£94 per sq foot).
The average size of a house on HATFIELD PLACE is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bede Way |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Manor Way |
| Oct 2024 | Anti-social behaviour | On or near Manor Way | |
| Oct 2024 | Anti-social behaviour | On or near Manor Way | |
| Sep 2024 | Anti-social behaviour | On or near Manor Way |