£163,379
This estimated value is based upon the latest sale price for the house of £124,000 on 23 Nov 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £124,000 | 23 Nov 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 November 2016 the House Price Index for COUNTY DURHAM was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £124,000 results in an estimated price of approximately £163,379.
| 23 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £124,000 | £39,379 | £163,379 |
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 | 14.152 % | £17,548 | £141,548 |
| 3 Month Average | 17.910 % | £22,208 | £146,208 |
| 6 Month Average | 13.091 % | £16,232 | £140,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £96,692 | £95,000 | 47 TREVELYAN PLACE |
| 1 Dec 2023 | £167,938 | £165,000 | 1 WAVENEY ROAD |
| 30 Aug 2023 | £65,574 | £65,000 | 55 TREVELYAN PLACE |
| 6 Jun 2023 | £55,674 | £55,000 | 10 TREVELYAN PLACE |
| 2 Jun 2023 | £151,789 | £149,950 | 31 GIRTON CLOSE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 20 Jan 2017. Using an estimated price of £163,379 means this house is valued at £1,408 per sq meter (£130 per sq foot).
The average size of a house on VAN MILDERT CLOSE is 123 sq meters (1,332 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Van Mildert Close | |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Passfield Way |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Lorimers Close |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Lorimers Close |
| Dec 2023 | Other crime | Further investigation is not in the public interest | On or near Lorimers Close |