£247,633
This estimated value is based upon the latest sale price for the house of £145,000 on 20 Sep 2010. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £145,000 | 20 Sep 2010 |
| Detached |
| Freehold |
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 September 2010 the House Price Index for COUNTY DURHAM was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.782%.Applying this 70.782% change to the original purchase price of £145,000 results in an estimated price of approximately £247,633.
| 20 Sep 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.782 % | £145,000 | £102,633 | £247,633 |
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 | -6.209 % | £-9,002 | £135,997 |
| 3 Month Average | -3.699 % | £-5,363 | £139,636 |
| 6 Month Average | -22.253 % | £-32,266 | £112,733 |
| 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 |
| 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 |