£1,225,605
This estimated value is based upon the latest sale price for the house of £200,000 on 24 May 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £200,000 | 24 May 2023 |
| £119,000 | 1 Jul 2015 |
| £141,000 | 21 Oct 2005 |
| £59,995 | 26 Nov 1999 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 May 2023 the House Price Index for DURHAM was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £200,000 results in an estimated price of approximately £1,225,605.
| 24 May 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £200,000 | £1,025,605 | £1,225,605 |
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 | -23.646 % | £-47,292 | £152,707 |
| 3 Month Average | 8.725 % | £17,450 | £217,450 |
| 6 Month Average | -2.563 % | £-5,125 | £194,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 May 2022 | £128,344 | £125,000 | 7 HALLGARTH |
| 28 Jan 2022 | £85,876 | £81,000 | 8 OAKFIELD LANE |
| 20 Jan 2022 | £100,719 | £95,000 | 6 OAKFIELD LANE |
| 11 Jan 2022 | £95,418 | £90,000 | 44 OAKFIELD LANE |
| 15 Oct 2021 | £187,264 | £168,000 | 53 HALLGARTH |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 13 Sep 2021.
The average size of a house on HALLGARTH is 78 sq meters (841 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hallgarth |
| May 2024 | Anti-social behaviour | On or near Hallgarth | |
| May 2024 | Anti-social behaviour | On or near Hallgarth | |
| May 2024 | Anti-social behaviour | On or near Hallgarth | |
| Jul 2024 | Anti-social behaviour | On or near Manor Close |