£97,496
This estimated value is based upon the latest sale price for the house of £75,210 on 30 May 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£75,210 | 30 May 2017 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 645 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 May 2017 the House Price Index for COUNTY DURHAM was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £75,210 results in an estimated price of approximately £97,496.
30 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 149.7 | 29.633 % | £75,210 | £22,286 | £97,496 |
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 | 25.168 % | £18,929 | £94,139 |
3 Month Average | 45.078 % | £33,902 | £109,112 |
6 Month Average | 21.677 % | £16,303 | £91,513 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £93,370 | £91,000 | 276 STARGATE CLOSE |
16 Oct 2023 | £70,092 | £68,500 | 307 MORRISON CLOSE |
6 Apr 2023 | £62,672 | £61,500 | 298 MORRISON CLOSE |
23 Feb 2023 | £211,412 | £210,000 | 1 THE PASTURE |
31 Jan 2023 | £179,981 | £179,500 | 16 THE MOORLAND |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 29 Mar 2017. Using an estimated price of £97,497 means this house is valued at £1,624 per sq meter (£150 per sq foot).
The average size of a house on THE PASTURE is 85 sq meters (919 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Morrison Close | |
Jun 2024 | Anti-social behaviour | On or near Morrison Close | |
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near The Moorland |
May 2024 | Anti-social behaviour | On or near The Moorland | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Moorland |