£449,230
This estimated value is based upon the latest sale price for the house of £362,500 on 27 Jul 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £362,500 | 27 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 234 sq meters or 2,518 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 2018 the House Price Index for COUNTY DURHAM was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £362,500 results in an estimated price of approximately £449,230.
| 27 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £362,500 | £86,730 | £449,230 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 20.384 % | £73,891 | £436,391 |
| 3 Month Average | 20.552 % | £74,501 | £437,001 |
| 6 Month Average | 8.215 % | £29,779 | £392,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £328,537 | £325,000 | 17 THE BRIDLE |
| 17 Mar 2023 | £333,139 | £330,000 | 27 RYDER COURT |
| 17 Feb 2023 | £264,822 | £265,000 | 2 WOODHAM GATE |
| 31 Jan 2022 | £305,198 | £290,000 | 23 THE GRANGE |
| 30 Sep 2021 | £204,743 | £190,000 | 39 THE GRANGE |
This house has a floor area of 234 sq meters or 2,518 sq feet when measured on 26 May 2017. Using an estimated price of £449,230 means this house is valued at £1,919 per sq meter (£178 per sq foot).
The average size of a house on THE GRANGE is 134 sq meters (1,443 sq feet).
This house is the largest in the street with a floor area of 234 sq meters (2,518 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Bridle |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near The Bridle |
| Apr 2024 | Anti-social behaviour | On or near Woodham Gate | |
| Mar 2024 | Anti-social behaviour | On or near Woodham Gate | |
| Mar 2024 | Anti-social behaviour | On or near Woodham Gate |