£179,127
This estimated value is based upon the latest sale price for the house of £149,995 on 14 Aug 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£149,995 | 14 Aug 2020 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 August 2020 the House Price Index for COUNTY DURHAM was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £149,995 results in an estimated price of approximately £179,127.
14 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 148.0 | 19.422 % | £149,995 | £29,132 | £179,127 |
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 | -3.407 % | £-5,110 | £144,884 |
3 Month Average | -7.653 % | £-11,478 | £138,516 |
6 Month Average | -3.115 % | £-4,672 | £145,322 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £186,767 | £185,000 | 35 CHESTNUT WAY |
30 Jun 2023 | £158,283 | £157,000 | 55 CHESTNUT WAY |
16 Jun 2023 | £196,594 | £195,000 | 51 CHESTNUT WAY |
21 Apr 2023 | £277,059 | £275,000 | 23 ALVERTON DRIVE |
3 Mar 2023 | £256,386 | £255,000 | 6 WYNYARD COURT |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 31 Jul 2020. Using an estimated price of £179,128 means this house is valued at £2,296 per sq meter (£213 per sq foot).
The average size of a house on CHESTNUT WAY is 92 sq meters (990 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Chestnut Way |
Feb 2024 | Violence and sexual offences | Local resolution | On or near Chestnut Way |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chestnut Way |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Middridge Road |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Middridge Road |