£211,225
This estimated value is based upon the latest sale price for the house of £170,000 on 3 Jul 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £170,000 | 3 Jul 2019 |
| £136,995 | 24 Nov 2006 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 July 2019 the House Price Index for DURHAM was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £170,000 results in an estimated price of approximately £211,225.
| 3 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £170,000 | £41,225 | £211,225 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -37.602 % | £-63,923 | £106,076 |
| 3 Month Average | -14.572 % | £-24,771 | £145,228 |
| 6 Month Average | -4.774 % | £-8,116 | £161,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £249,668 | £247,500 | 41 SOUTER DRIVE |
| 14 Dec 2023 | £275,464 | £267,000 | 19 SOUTER DRIVE |
| 6 Apr 2023 | £267,503 | £262,500 | 8 SOUTER DRIVE |
| 23 Jan 2023 | £166,996 | £166,550 | 29 SOUTER DRIVE |
| 9 Jan 2023 | £267,715 | £267,000 | 28 SOUTER DRIVE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 19 Feb 2019. Using an estimated price of £211,226 means this house is valued at £3,061 per sq meter (£284 per sq foot).
The average size of a house on HUNSTANTON is 76 sq meters (820 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Further investigation is not in the public interest | On or near Souter Drive |
| May 2024 | Violence and sexual offences | Under investigation | On or near Goswick Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goswick Way |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Goswick Way |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Camelot Close |