£340,689
This estimated value is based upon the latest sale price for the house of £335,000 on 14 Mar 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £335,000 | 14 Mar 2023 |
| £250,000 | 25 Nov 2016 |
| Detached |
| Freehold |
| Floor Area: 160 sq meters or 1,722 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 March 2023 the House Price Index for COUNTY DURHAM was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £335,000 results in an estimated price of approximately £340,689.
| 14 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £335,000 | £5,689 | £340,689 |
The Postcode Pricing Model uses changes in average sales price within the DL15 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 | 48.928 % | £163,908 | £498,908 |
| 3 Month Average | 5.484 % | £18,371 | £353,371 |
| 6 Month Average | -12.485 % | £-41,823 | £293,176 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £64,997 | £63,000 | 21 THISTLEFLAT ROAD |
| 6 Nov 2023 | £239,069 | £233,000 | 1 GARDENER COURT |
| 15 Aug 2023 | £168,031 | £165,000 | 22 LOUVAIN TERRACE |
| 14 Mar 2023 | £340,690 | £335,000 | 28 LOUVAIN TERRACE |
| 22 Sep 2022 | £39,972 | £39,999 | 35 HAMSTERLEY DRIVE |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 8 Dec 2016. Using an estimated price of £340,690 means this house is valued at £2,129 per sq meter (£197 per sq foot).
The average size of a house on LOUVAIN TERRACE is 113 sq meters (1,221 sq feet).
This house is the largest in the street with a floor area of 160 sq meters (1,722 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Sep 2024 | Other theft | Under investigation | On or near Satley Close |
| Sep 2024 | Other theft | Local resolution | On or near Satley Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Satley Close |
| Jul 2024 | Anti-social behaviour | On or near Satley Close |