£97,598
This estimated value is based upon the latest sale price for the house of £80,000 on 19 Jun 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £80,000 | 19 Jun 2020 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 June 2020 the House Price Index for COUNTY DURHAM was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £80,000 results in an estimated price of approximately £97,598.
| 19 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £80,000 | £17,598 | £97,598 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 307.642 % | £246,113 | £326,113 |
| 3 Month Average | 79.354 % | £63,482 | £143,482 |
| 6 Month Average | 27.408 % | £21,926 | £101,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £175,000 | £175,000 | 24 BLAIR AVENUE |
| 28 Apr 2023 | £61,144 | £60,000 | 83 ROWAN COURT |
| 24 Mar 2023 | £142,327 | £139,950 | 5 BLAIR AVENUE |
| 27 Jan 2023 | £100,268 | £100,000 | 6 ST ANDREWS ROAD |
| 30 Mar 2022 | £98,130 | £94,000 | 92 ROWAN COURT |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 1 Jun 2020. Using an estimated price of £97,598 means this house is valued at £1,204 per sq meter (£111 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Linden Court |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Linden Court |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Linden Court |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Fairview Drive |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Merrington View |