£100,590
This estimated value is based upon the latest sale price for the house of £88,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £88,000 | 18 Dec 2020 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 December 2020 the House Price Index for COUNTY DURHAM was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £88,000 results in an estimated price of approximately £100,590.
| 18 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £88,000 | £12,590 | £100,590 |
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 | -15.451 % | £-13,596 | £74,403 |
| 3 Month Average | -8.858 % | £-7,795 | £80,204 |
| 6 Month Average | -13.981 % | £-12,303 | £75,696 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £214,050 | £210,000 | 10 SEATON PARK |
| 24 Nov 2023 | £115,483 | £114,000 | 21 MILLDALE |
| 20 Apr 2023 | £58,434 | £58,000 | 4 DOVEDALE COURT |
| 3 Mar 2023 | £100,041 | £99,500 | 2 MELROSE CRESCENT |
| 26 Aug 2022 | £67,544 | £68,000 | 2 DOVEDALE COURT |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 5 Dec 2019. Using an estimated price of £100,591 means this house is valued at £1,273 per sq meter (£118 per sq foot).
The average size of a house on MILLDALE is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milldale |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Milldale |
| Apr 2024 | Shoplifting | Under investigation | On or near Milldale |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Milldale |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Milldale |