£251,959
This estimated value is based upon the latest sale price for the house of £179,600 on 6 Nov 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £179,600 | 6 Nov 2015 |
| £179,600 | 6 Nov 2015 |
| Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2015 the House Price Index for COUNTY DURHAM was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £179,600 results in an estimated price of approximately £251,959.
| 6 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £179,600 | £72,359 | £251,959 |
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 | 24.883 % | £44,689 | £224,289 |
| 3 Month Average | 15.092 % | £27,105 | £206,705 |
| 6 Month Average | 3.742 % | £6,719 | £186,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £297,566 | £292,000 | 56 WARKWORTH DRIVE |
| 25 Nov 2022 | £517,580 | £520,000 | 16 DENWICK CLOSE |
| 21 Jan 2022 | £439,982 | £415,000 | 3 DENWICK CLOSE |
| 3 Sep 2021 | £466,795 | £430,000 | 19 DENWICK CLOSE |
| 26 Jul 2021 | £324,176 | £280,000 | 49 CHILLINGHAM DRIVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 18 Jun 2013. Using an estimated price of £251,960 means this house is valued at £3,705 per sq meter (£344 per sq foot).
The average size of a house on DENWICK CLOSE is 156 sq meters (1,688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Cheviot Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bewick Close |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Aberwick Drive |
| Jul 2024 | Public order | Under investigation | On or near Waldridge Hall |
| Sep 2024 | Vehicle crime | Under investigation | On or near Thropton Close |