£445,842
This estimated value is based upon the latest sale price for the house of £260,000 on 10 Jul 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £260,000 | 10 Jul 2012 |
| £150,000 | 22 Oct 2001 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,298 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 2012 the House Price Index for COUNTY DURHAM was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £260,000 results in an estimated price of approximately £445,842.
| 10 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £260,000 | £185,842 | £445,842 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | 31.634 % | £82,248 | £342,248 |
| 3 Month Average | 11.389 % | £29,611 | £289,611 |
| 6 Month Average | 1.431 % | £3,721 | £263,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Nov 2022 | £517,580 | £520,000 | 16 DENWICK CLOSE |
| 21 Jan 2022 | £439,982 | £415,000 | 3 DENWICK CLOSE |
| 3 Sep 2021 | £466,795 | £430,000 | 19 DENWICK CLOSE |
| 26 Jul 2021 | £324,176 | £280,000 | 49 CHILLINGHAM DRIVE |
| 11 Jun 2021 | £486,390 | £450,000 | 36 DENWICK CLOSE |
This house has a floor area of 120 sq meters or 1,298 sq feet when measured on 5 Oct 2011. Using an estimated price of £445,842 means this house is valued at £3,694 per sq meter (£343 per sq foot).
The average size of a house on CHILLINGHAM DRIVE is 113 sq meters (1,222 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Cheviot Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bewick Close |
| Sep 2024 | Vehicle crime | Under investigation | On or near Thropton Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Portland Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Portland Close |