£326,167
This estimated value is based upon the latest sale price for the house of £276,000 on 15 Oct 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £276,000 | 15 Oct 2020 |
| £79,500 | 5 Jul 1996 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 2020 the House Price Index for DURHAM was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £276,000 results in an estimated price of approximately £326,167.
| 15 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £276,000 | £50,167 | £326,167 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -19.121 % | £-52,773 | £223,226 |
| 3 Month Average | 2.808 % | £7,751 | £283,751 |
| 6 Month Average | -4.907 % | £-13,543 | £262,456 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £378,285 | £375,000 | 54 BERWICK CHASE |
| 8 Aug 2023 | £318,698 | £312,950 | 61 BERWICK CHASE |
| 18 Aug 2022 | £161,756 | £161,000 | 95 BROUGHAM COURT |
| 1 Jul 2022 | £146,468 | £145,000 | 47 BROUGHAM COURT |
| 23 May 2022 | £290,057 | £282,500 | 4 NAWORTH COURT |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 21 May 2020. Using an estimated price of £326,168 means this house is valued at £2,174 per sq meter (£202 per sq foot).
The average size of a house on BERWICK CHASE is 156 sq meters (1,686 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Berwick Chase |
| Jul 2024 | Anti-social behaviour | On or near Brougham Court | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brougham Court |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Egremont Grove |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bewley Grove |