£306,083
This estimated value is based upon the latest sale price for the house of £299,950 on 19 Jun 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £299,950 | 19 Jun 2023 |
| £230,000 | 24 Apr 2014 |
| Detached |
| Freehold |
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 June 2023 the House Price Index for COUNTY DURHAM was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £299,950 results in an estimated price of approximately £306,083.
| 19 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £299,950 | £6,133 | £306,083 |
The Postcode Pricing Model uses changes in average sales price within the TS21 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 | 57.254 % | £171,732 | £471,682 |
| 3 Month Average | 10.108 % | £30,319 | £330,269 |
| 6 Month Average | 6.232 % | £18,693 | £318,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jul 2024 | £395,000 | £395,000 | 31 QUEENS DRIVE |
| 31 Oct 2023 | £201,578 | £197,000 | 7 HASLEDON GROVE |
| 6 Oct 2023 | £148,370 | £145,000 | 8 HASLEDON GROVE |
| 19 Jun 2023 | £306,084 | £299,950 | 50 STATION ROAD |
| 8 Mar 2023 | £191,193 | £188,000 | 24 STATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |