£152,642
This estimated value is based upon the latest sale price for the house of £115,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £115,000 | 25 Nov 2016 |
| £110,000 | 17 Aug 2012 |
| £44,950 | 27 Apr 2001 |
| £43,000 | 27 Apr 2001 |
| £39,950 | 23 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 November 2016 the House Price Index for COUNTY DURHAM was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £115,000 results in an estimated price of approximately £152,642.
| 25 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £115,000 | £37,642 | £152,642 |
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 | 35.473 % | £40,793 | £155,793 |
| 3 Month Average | 33.078 % | £38,039 | £153,039 |
| 6 Month Average | 20.701 % | £23,805 | £138,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £164,167 | £160,000 | 53 ROMANY DRIVE |
| 4 Nov 2022 | £122,428 | £123,000 | 11 ROMANY DRIVE |
| 29 Jul 2022 | £191,923 | £190,000 | 46 ROMANY DRIVE |
| 27 Aug 2021 | £202,292 | £179,995 | 28 ABBOTTS WAY |
| 14 Aug 2020 | £61,605 | £51,000 | 10 NORMAN TERRACE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 27 Apr 2016. Using an estimated price of £152,643 means this house is valued at £2,348 per sq meter (£218 per sq foot).
The average size of a house on ROMANY DRIVE is 70 sq meters (757 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edwardia Court |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Genesis Way |
| Jul 2024 | Public order | Local resolution | On or near Generation Place |
| Jul 2024 | Other theft | Under investigation | On or near Generation Place |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Generation Place |