£223,952
This estimated value is based upon the latest sale price for the house of £225,000 on 18 Nov 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £225,000 | 18 Nov 2022 |
| £215,000 | 30 Mar 2007 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 November 2022 the House Price Index for DURHAM was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £225,000 results in an estimated price of approximately £223,952.
| 18 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £225,000 | £-1,047 | £223,952 |
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 | 12.150 % | £27,336 | £252,336 |
| 3 Month Average | 23.658 % | £53,230 | £278,230 |
| 6 Month Average | -6.392 % | £-14,381 | £210,618 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £247,609 | £240,000 | 16 ROLLING MILL |
| 8 Dec 2023 | £170,231 | £165,000 | 26 STEADING COURT |
| 31 Aug 2023 | £168,031 | £165,000 | 6 GROSVENOR TERRACE |
| 18 Nov 2022 | £223,953 | £225,000 | 25 ROLLING MILL |
| 14 Apr 2022 | £226,158 | £218,000 | 14 ROLLING MILL |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 29 Aug 2017. Using an estimated price of £223,953 means this house is valued at £1,850 per sq meter (£171 per sq foot).
The average size of a house on ROLLING MILL is 132 sq meters (1,426 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Rolling Mill |
| May 2024 | Other crime | Investigation complete; no suspect identified | On or near Rolling Mill |
| May 2024 | Violence and sexual offences | Under investigation | On or near Crookhall Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Steading Court |
| Jul 2024 | Public order | Under investigation | On or near Ash Grove |