£97,064
This estimated value is based upon the latest sale price for the house of £78,000 on 1 Feb 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £78,000 | 1 Feb 2019 |
| £82,000 | 20 Jul 2012 |
| Flats/Maisonettes |
| Leasehold |
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 February 2019 the House Price Index for COUNTY DURHAM was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £78,000 results in an estimated price of approximately £97,064.
| 1 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £78,000 | £19,064 | £97,064 |
The Postcode Pricing Model uses changes in average sales price within the TS21 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 | 105.484 % | £82,277 | £160,277 |
| 3 Month Average | 21.302 % | £16,615 | £94,615 |
| 6 Month Average | 4.477 % | £3,491 | £81,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £85,889 | £83,250 | 27 MATFEN COURT |
| 14 Nov 2023 | £328,334 | £320,000 | 3 HARDWICK ROAD |
| 22 Sep 2023 | £78,736 | £77,000 | 13 WALLINGTON DRIVE |
| 10 Jun 2022 | £194,099 | £189,950 | 1 WALLINGTON DRIVE |
| 8 Dec 2021 | £307,603 | £285,000 | 19 MATFEN COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Durham Road |
| Oct 2024 | Other theft | Under investigation | On or near Durham Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Durham Road |
| Sep 2024 | Anti-social behaviour | On or near Hawthorn Road | |
| Sep 2024 | Anti-social behaviour | On or near Hawthorn Road |