£168,515
This estimated value is based upon the latest sale price for the house of £68,950 on 31 Mar 2003. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£68,950 | 31 Mar 2003 |
Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 March 2003 the House Price Index for DURHAM was 61.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 144.402%.Applying this 144.402% change to the original purchase price of £68,950 results in an estimated price of approximately £168,515.
31 Mar 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
61.3 | 149.7 | 144.402 % | £68,950 | £99,565 | £168,515 |
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 | 66.156 % | £45,614 | £114,564 |
3 Month Average | 88.690 % | £61,151 | £130,101 |
6 Month Average | 57.972 % | £39,971 | £108,921 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Aug 2024 | £79,950 | £79,950 | 18 MANSELL CRESCENT |
4 Apr 2022 | £47,203 | £45,500 | 15 ALSTON WALK |
31 Mar 2022 | £59,781 | £57,265 | 8 TROUTBECK WAY |
25 Mar 2022 | £91,866 | £88,000 | 4 ASHTON RISE |
16 Mar 2022 | £50,109 | £48,000 | 12 MANSELL CRESCENT |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 3 Aug 2016. Using an estimated price of £168,515 means this house is valued at £1,652 per sq meter (£153 per sq foot).
The average size of a house on ASHTON RISE is 112 sq meters (1,213 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pickard Close |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Pickard Close |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pickard Close |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pickard Close |
Jul 2024 | Anti-social behaviour | On or near Pickard Close |