£178,927
This estimated value is based upon the latest sale price for the house of £120,000 on 2 Oct 2014. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £120,000 | 2 Oct 2014 |
| £120,000 | 3 Oct 2003 |
| £64,995 | 27 Oct 2000 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 October 2014 the House Price Index for DURHAM was 99.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.106%.Applying this 49.106% change to the original purchase price of £120,000 results in an estimated price of approximately £178,927.
| 2 Oct 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.0 | 49.106 % | £120,000 | £58,927 | £178,927 |
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 | 23.097 % | £27,715 | £147,715 |
| 3 Month Average | 16.042 % | £19,250 | £139,250 |
| 6 Month Average | 15.988 % | £19,185 | £139,185 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £163,085 | £160,000 | 49 MANOR CLOSE |
| 6 Jan 2023 | £165,546 | £167,000 | 17 MANOR CLOSE |
| 29 Jul 2022 | £159,784 | £160,000 | 40 MANOR CLOSE |
| 15 Oct 2021 | £185,138 | £168,000 | 53 HALLGARTH |
| 3 Sep 2021 | £220,015 | £205,000 | 52 HALLGARTH |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 26 Jun 2014. Using an estimated price of £178,927 means this house is valued at £2,354 per sq meter (£218 per sq foot).
The average size of a house on HALLGARTH is 78 sq meters (841 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manor Close |
| Mar 2024 | Anti-social behaviour | On or near Hallgarth | |
| Mar 2024 | Anti-social behaviour | On or near Hallgarth | |
| Apr 2024 | Anti-social behaviour | On or near Oakfield Lane | |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oakfield Lane |