£297,188
This estimated value is based upon the latest sale price for the house of £175,702 on 14 Dec 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£175,702 | 14 Dec 2012 |
Detached |
Leasehold |
Floor Area: 86 sq meters or 925 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 December 2012 the House Price Index for COUNTY DURHAM was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £175,702 results in an estimated price of approximately £297,188.
14 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.9 | 148.6 | 69.144 % | £175,702 | £121,486 | £297,188 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 27.376 % | £48,099 | £223,801 |
3 Month Average | -1.131 % | £-1,986 | £173,715 |
6 Month Average | 10.751 % | £18,890 | £194,592 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £127,226 | £125,000 | 23 NEW DRIVE |
29 Sep 2023 | £222,849 | £220,000 | 37 MARINERS WAY |
7 Sep 2023 | £283,626 | £280,000 | 19 THORNHILL REACH |
31 Aug 2023 | £166,456 | £165,000 | 5 MARINERS WAY |
24 Oct 2022 | £91,020 | £92,000 | 21 MARINERS WAY |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 5 Dec 2012. Using an estimated price of £297,189 means this house is valued at £3,455 per sq meter (£321 per sq foot).
The average size of a house on MARINERS WAY is 79 sq meters (855 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | On or near Seaham (Station) | |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
Dec 2023 | Anti-social behaviour | On or near Seaham | |
Dec 2023 | Anti-social behaviour | On or near Seaham | |
Dec 2023 | Anti-social behaviour | On or near Seaham |