£351,171
This estimated value is based upon the latest sale price for the house of £282,000 on 24 May 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £282,000 | 24 May 2019 |
| £255,000 | 2 May 2017 |
| £221,500 | 25 Nov 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,038 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 2019 the House Price Index for COUNTY DURHAM was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £282,000 results in an estimated price of approximately £351,171.
| 24 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £282,000 | £69,171 | £351,171 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | -4.682 % | £-13,203 | £268,796 |
| 3 Month Average | 5.997 % | £16,912 | £298,912 |
| 6 Month Average | 11.071 % | £31,219 | £313,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £198,836 | £195,250 | 16 NEVILLE SQUARE |
| 1 Aug 2023 | £356,429 | £350,000 | 22 HASTINGS AVENUE |
| 15 Jun 2022 | £256,483 | £251,000 | 2 BALIOL SQUARE |
| 10 Jun 2022 | £194,150 | £190,000 | 6 WARWICK COURT |
| 16 Mar 2022 | £281,914 | £270,050 | 24 HASTINGS AVENUE |
This house has a floor area of 96 sq meters or 1,038 sq feet when measured on 15 Sep 2011. Using an estimated price of £351,171 means this house is valued at £3,640 per sq meter (£338 per sq foot).
The average size of a house on HASTINGS AVENUE is 101 sq meters (1,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Percy Square |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Steadings |
| Oct 2024 | Anti-social behaviour | On or near The Steadings | |
| Aug 2024 | Anti-social behaviour | On or near The Steadings | |
| Aug 2024 | Anti-social behaviour | On or near The Steadings |