£151,948
This estimated value is based upon the latest sale price for the house of £87,500 on 26 Jun 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £87,500 | 26 Jun 2006 |
| £34,000 | 10 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 June 2006 the House Price Index for DURHAM was 85.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.656%.Applying this 73.656% change to the original purchase price of £87,500 results in an estimated price of approximately £151,948.
| 26 Jun 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 148.6 | 73.656 % | £87,500 | £64,448 | £151,948 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | -18.755 % | £-16,410 | £71,089 |
| 3 Month Average | -15.609 % | £-13,657 | £73,842 |
| 6 Month Average | 2.137 % | £1,869 | £89,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £94,981 | £94,150 | 42 SCARGILL DRIVE |
| 28 Apr 2023 | £106,143 | £105,000 | 45 MIDDLEHAM WALK |
| 24 Mar 2023 | £123,665 | £122,500 | 30 MIDDLEHAM WALK |
| 25 Jan 2023 | £111,973 | £112,500 | 19 WITTON DRIVE |
| 17 Aug 2022 | £103,222 | £103,500 | 30 SCARGILL DRIVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 14 Sep 2017. Using an estimated price of £151,949 means this house is valued at £2,532 per sq meter (£235 per sq foot).
The average size of a house on SCARGILL DRIVE is 78 sq meters (841 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stanhope Close |
| Jan 2024 | Anti-social behaviour | On or near Bowes Grove | |
| Jan 2024 | Anti-social behaviour | On or near Bowes Grove | |
| Jan 2024 | Anti-social behaviour | On or near Bowes Grove | |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Lumley Close |