£65,212
This estimated value is based upon the latest sale price for the house of £54,000 on 11 Sep 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £54,000 | 11 Sep 2020 |
| £39,000 | 26 Jun 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 September 2020 the House Price Index for COUNTY DURHAM was 83.8.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 20.764%.Applying this 20.764% change to the original purchase price of £54,000 results in an estimated price of approximately £65,212.
| 11 Sep 2020 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.8 | 101.2 | 20.764 % | £54,000 | £11,212 | £65,212 |
The Postcode Pricing Model uses changes in average sales price within the TS29 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 | 53.210 % | £28,733 | £82,733 |
| 3 Month Average | 37.898 % | £20,464 | £74,464 |
| 6 Month Average | 26.389 % | £14,250 | £68,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2024 | £181,978 | £180,000 | 36 CINNAMON DRIVE |
| 18 Dec 2023 | £67,692 | £64,950 | 2 SPRINGDALE AVENUE |
| 4 Dec 2023 | £80,251 | £77,000 | 2 BEECH GROVE |
| 1 Sep 2023 | £135,140 | £131,000 | 8 CINNAMON DRIVE |
| 27 Jun 2023 | £125,344 | £122,000 | 66 CINNAMON DRIVE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 10 Feb 2015. Using an estimated price of £65,212 means this house is valued at £1,018 per sq meter (£94 per sq foot).
There is one other house on the street which we know the size of, this is 1 ASH GROVE it is 96.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Wingate Road |
| Jan 2025 | Anti-social behaviour | On or near Wingate Road | |
| Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Wingate Road |
| Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Wingate Road |
| Jan 2025 | Anti-social behaviour | On or near Wingate Road |