£96,778
This estimated value is based upon the latest sale price for the house of £62,500 on 17 Jun 2014. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £62,500 | 17 Jun 2014 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 June 2014 the House Price Index for COUNTY DURHAM was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £62,500 results in an estimated price of approximately £96,778.
| 17 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £62,500 | £34,278 | £96,778 |
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 | 2.282 % | £1,426 | £63,926 |
| 3 Month Average | 12.800 % | £7,999 | £70,499 |
| 6 Month Average | 1.239 % | £774 | £63,274 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £98,354 | £97,500 | 5 RYDAL CRESCENT |
| 8 Dec 2023 | £89,758 | £87,000 | 48 ROSEBY ROAD |
| 22 Aug 2023 | £79,433 | £78,000 | 14 RYDAL CRESCENT |
| 16 Jun 2023 | £61,227 | £60,000 | 54 ROSEBY ROAD |
| 1 Jun 2023 | £102,044 | £99,999 | 81 CHAPEL HILL ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 15 Mar 2014. Using an estimated price of £96,778 means this house is valued at £977 per sq meter (£90 per sq foot).
The average size of a house on CHAPEL HILL ROAD is 87 sq meters (941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chapel Hill Road |
| Aug 2024 | Anti-social behaviour | On or near Chapel Hill Road | |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Chapel Hill Road |
| Aug 2024 | Anti-social behaviour | On or near Chapel Hill Road | |
| Aug 2024 | Anti-social behaviour | On or near Chapel Hill Road |