£274,262
This estimated value is based upon the latest sale price for the house of £270,000 on 25 Sep 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £270,000 | 25 Sep 2023 |
| £202,950 | 14 Apr 2010 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,243 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 September 2023 the House Price Index for COUNTY DURHAM was 145.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.579%.Applying this 1.579% change to the original purchase price of £270,000 results in an estimated price of approximately £274,262.
| 25 Sep 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.7 | 148.0 | 1.579 % | £270,000 | £4,262 | £274,262 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | -2.567 % | £-6,931 | £263,068 |
| 3 Month Average | -14.930 % | £-40,311 | £229,688 |
| 6 Month Average | -2.965 % | £-8,004 | £261,995 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £288,475 | £287,500 | 69 REDMIRE DRIVE |
| 7 Aug 2023 | £238,953 | £237,500 | 24 REDMIRE DRIVE |
| 4 Aug 2023 | £231,407 | £230,000 | 23 REDMIRE DRIVE |
| 27 Jan 2023 | £143,737 | £145,000 | 45 DEEPDALE DRIVE |
| 19 Oct 2022 | £246,338 | £250,000 | 56 DEEPDALE DRIVE |
This house has a floor area of 115 sq meters or 1,243 sq feet when measured on 18 Mar 2010.
The average size of a house on DEEPDALE DRIVE is 100 sq meters (1,080 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Deepdale Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redmire Drive |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Redmire Drive |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Askrigg Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Askrigg Close |