£124,398
This estimated value is based upon the latest sale price for the house of £99,000 on 14 May 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £99,000 | 14 May 2018 |
| £171,250 | 18 Dec 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 May 2018 the House Price Index for DURHAM was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £99,000 results in an estimated price of approximately £124,398.
| 14 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £99,000 | £25,398 | £124,398 |
The Postcode Pricing Model uses changes in average sales price within the TS28 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 | -54.777 % | £-54,229 | £44,770 |
| 3 Month Average | -2.242 % | £-2,219 | £96,780 |
| 6 Month Average | -19.291 % | £-19,098 | £79,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £139,435 | £135,150 | 96 CHILLERTON WAY |
| 4 Oct 2023 | £61,394 | £60,000 | 27 NORTH ROAD EAST |
| 21 Sep 2023 | £81,803 | £80,000 | 12 MOOR LANE |
| 2 Jun 2023 | £96,433 | £94,500 | 15 CHILLERTON WAY |
| 29 Sep 2022 | £81,945 | £82,000 | 47 WINFORD GROVE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 4 Jun 2014. Using an estimated price of £124,399 means this house is valued at £1,045 per sq meter (£97 per sq foot).
The average size of a house on WINFORD GROVE is 99 sq meters (1,070 sq feet).