£182,260
This estimated value is based upon the latest sale price for the house of £36,500 on 26 Sep 1997. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£36,500 | 26 Sep 1997 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 889 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 September 1997 the House Price Index for DURHAM was 29.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 399.345%.Applying this 399.345% change to the original purchase price of £36,500 results in an estimated price of approximately £182,260.
26 Sep 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.8 | 148.6 | 399.345 % | £36,500 | £145,760 | £182,260 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 168.680 % | £61,568 | £98,068 |
3 Month Average | 150.808 % | £55,045 | £91,545 |
6 Month Average | 133.598 % | £48,763 | £85,263 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £85,594 | £84,500 | 66 SHAFTO WAY |
31 Jul 2023 | £121,637 | £120,000 | 2 HATFIELD ROAD |
18 Apr 2023 | £70,762 | £70,000 | 1 KELLAWE PLACE |
10 Jan 2023 | £129,341 | £129,950 | 18 STANFIELD ROAD |
4 Mar 2022 | £113,989 | £110,000 | 12 SHIELD WALK |
This house has a floor area of 82 sq meters or 889 sq feet when measured on 23 Nov 2009. Using an estimated price of £182,261 means this house is valued at £2,206 per sq meter (£204 per sq foot).
The average size of a house on SHAFTO WAY is 88 sq meters (952 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Further investigation is not in the public interest | On or near Denham Place |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Denham Place |
Mar 2024 | Other crime | Under investigation | On or near Denham Place |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Stanfield Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Stanfield Road |