£149,583
This estimated value is based upon the latest sale price for the house of £122,500 on 17 Aug 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £122,500 | 17 Aug 2018 |
| £137,950 | 7 Jan 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 835 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 August 2018 the House Price Index for COUNTY DURHAM was 120.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.109%.Applying this 22.109% change to the original purchase price of £122,500 results in an estimated price of approximately £149,583.
| 17 Aug 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 146.7 | 22.109 % | £122,500 | £27,083 | £149,583 |
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 | -19.333 % | £-23,683 | £98,816 |
| 3 Month Average | 15.903 % | £19,481 | £141,981 |
| 6 Month Average | 26.189 % | £32,080 | £154,580 |
This house has a floor area of 77 sq meters or 835 sq feet when measured on 14 May 2009.
The average size of a house on REDMIRE DRIVE is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redmire Drive |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Redmire Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Redmire Drive |
| Jan 2024 | Public order | Under investigation | On or near Deepdale Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Askrigg Close |