£358,593
This estimated value is based upon the latest sale price for the house of £355,000 on 7 Jul 2022. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £355,000 | 7 Jul 2022 |
| £275,000 | 7 Jun 2012 |
| £205,000 | 29 Mar 2004 |
| £88,500 | 22 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,393 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 July 2022 the House Price Index for COUNTY DURHAM was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £355,000 results in an estimated price of approximately £358,593.
| 7 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £355,000 | £3,593 | £358,593 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | -19.017 % | £-67,510 | £287,489 |
| 3 Month Average | 2.955 % | £10,490 | £365,490 |
| 6 Month Average | -3.081 % | £-10,936 | £344,063 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £500,376 | £485,000 | 1 SHAW WOOD CLOSE |
| 21 Aug 2023 | £315,694 | £310,000 | 9 FIELDHOUSE LANE |
| 18 Aug 2023 | £476,087 | £467,500 | 41 FIELDHOUSE LANE |
| 15 Feb 2023 | £526,014 | £522,500 | 9 THE GROVE |
| 27 Jan 2023 | £380,015 | £379,000 | 18A SPRINGWELL AVENUE |
This house has a floor area of 129 sq meters or 1,393 sq feet when measured on 10 Jan 2012. Using an estimated price of £358,593 means this house is valued at £2,769 per sq meter (£257 per sq foot).
The average size of a house on SPRINGWELL AVENUE is 133 sq meters (1,439 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Fieldhouse Lane |
| Aug 2024 | Anti-social behaviour | On or near Fieldhouse Lane | |
| Aug 2024 | Anti-social behaviour | On or near Fieldhouse Lane | |
| Aug 2024 | Anti-social behaviour | On or near Fieldhouse Lane | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fieldhouse Lane |