£293,777
This estimated value is based upon the latest sale price for the house of £194,000 on 27 Aug 2014. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £194,000 | 27 Aug 2014 |
| £155,000 | 12 May 2011 |
| £96,500 | 28 Mar 2002 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 2014 the House Price Index for COUNTY DURHAM was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £194,000 results in an estimated price of approximately £293,777.
| 27 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £194,000 | £99,777 | £293,777 |
The Postcode Pricing Model uses changes in average sales price within the DL15 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 | 14.598 % | £28,319 | £222,319 |
| 3 Month Average | 12.715 % | £24,668 | £218,668 |
| 6 Month Average | 17.149 % | £33,269 | £227,269 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £190,318 | £187,500 | 18 GASKELL WAY |
| 17 Feb 2023 | £144,902 | £145,000 | ROOFTOPS, 12A WOODIFIELD HILL |
| 11 Feb 2022 | £151,012 | £144,000 | 1 SHERIDAN DRIVE |
| 14 Dec 2021 | £466,049 | £435,000 | 58 HIGH WEST ROAD |
| 26 Nov 2021 | £373,122 | £345,000 | WESTCROFT HIGH WEST ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 25 Feb 2014. Using an estimated price of £293,778 means this house is valued at £2,745 per sq meter (£255 per sq foot).
The average size of a house on WOODIFIELD HILL is 117 sq meters (1,266 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mown Meadows Road |
| Mar 2024 | Anti-social behaviour | On or near A689 | |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Larkin Close |
| Jan 2024 | Anti-social behaviour | On or near Collier Close | |
| Jan 2024 | Anti-social behaviour | On or near Collier Close |