£228,478
This estimated value is based upon the latest sale price for the house of £187,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £187,000 | 6 Dec 2019 |
| £170,000 | 25 Jan 2013 |
| £105,500 | 27 Sep 2002 |
| £79,500 | 29 May 2001 |
| Terraced |
| 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 December 2019 the House Price Index for COUNTY DURHAM was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £187,000 results in an estimated price of approximately £228,478.
| 6 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £187,000 | £41,478 | £228,478 |
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 | -24.426 % | £-45,676 | £141,323 |
| 3 Month Average | -17.388 % | £-32,515 | £154,484 |
| 6 Month Average | -0.229 % | £-428 | £186,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £270,110 | £265,000 | 41 MITFORD COURT |
| 10 Jun 2022 | £191,895 | £189,950 | 1 WALLINGTON DRIVE |
| 12 May 2022 | £279,150 | £275,000 | 39 MITFORD COURT |
| 11 Feb 2022 | £152,491 | £146,000 | 17 MITFORD COURT |
| 8 Dec 2021 | £304,110 | £285,000 | 19 MATFEN COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Local resolution | On or near Mitford Court |
| Apr 2024 | Theft from the person | Under investigation | On or near Durham Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Durham Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Durham Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Hamminkeln Place |