£390,497
This estimated value is based upon the latest sale price for the house of £315,000 on 16 Aug 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £315,000 | 16 Aug 2019 |
| £290,000 | 23 Apr 2014 |
| £103,450 | 8 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 sq feet |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in August 2019 the House Price Index for DURHAM was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £315,000 results in an estimated price of approximately £390,497.
| 16 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £315,000 | £75,497 | £390,497 |
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 | 11.485 % | £36,178 | £351,178 |
| 3 Month Average | 5.891 % | £18,556 | £333,556 |
| 6 Month Average | 2.774 % | £8,736 | £323,736 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £255,000 | £255,000 | 20 EMBLETON DRIVE |
| 1 Sep 2023 | £336,416 | £329,000 | 12A WARKWORTH DRIVE |
| 25 Nov 2022 | £517,580 | £520,000 | 16 DENWICK CLOSE |
| 4 Feb 2022 | £377,155 | £357,000 | 9 WARKWORTH DRIVE |
| 21 Jan 2022 | £439,982 | £415,000 | 3 DENWICK CLOSE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 12 Jul 2013. Using an estimated price of £390,497 means this house is valued at £2,789 per sq meter (£259 per sq foot).
The average size of a house on WARKWORTH DRIVE is 110 sq meters (1,191 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Aberwick Drive |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brandon Close |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Shillmoor 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 |