£211,512
This estimated value is based upon the latest sale price for the house of £184,950 on 12 Feb 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £184,950 | 12 Feb 2021 |
| £187,995 | 11 May 2007 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 February 2021 the House Price Index for DURHAM was 130.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.362%.Applying this 14.362% change to the original purchase price of £184,950 results in an estimated price of approximately £211,512.
| 12 Feb 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.9 | 149.7 | 14.362 % | £184,950 | £26,562 | £211,512 |
The Postcode Pricing Model uses changes in average sales price within the TS28 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 | -47.335 % | £-87,546 | £97,403 |
| 3 Month Average | -33.406 % | £-61,784 | £123,165 |
| 6 Month Average | -41.208 % | £-76,214 | £108,735 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £139,435 | £135,150 | 96 CHILLERTON WAY |
| 4 Oct 2023 | £61,394 | £60,000 | 27 NORTH ROAD EAST |
| 21 Sep 2023 | £81,803 | £80,000 | 12 MOOR LANE |
| 2 Jun 2023 | £96,433 | £94,500 | 15 CHILLERTON WAY |
| 29 Sep 2022 | £81,945 | £82,000 | 47 WINFORD GROVE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 5 Jun 2014. Using an estimated price of £211,513 means this house is valued at £1,976 per sq meter (£183 per sq foot).
The average size of a house on WINFORD GROVE is 99 sq meters (1,070 sq feet).