£225,803
This estimated value is based upon the latest sale price for the house of £147,500 on 6 Jun 2014. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£147,500 | 6 Jun 2014 |
Semi-Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 2014 the House Price Index for COUNTY DURHAM was 96.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 53.087%.Applying this 53.087% change to the original purchase price of £147,500 results in an estimated price of approximately £225,803.
6 Jun 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 148.0 | 53.087 % | £147,500 | £78,303 | £225,803 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 5.459 % | £8,051 | £155,551 |
3 Month Average | 5.133 % | £7,571 | £155,071 |
6 Month Average | 21.374 % | £31,526 | £179,026 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £68,000 | £68,000 | 46 BURNHALL DRIVE |
10 Apr 2024 | £190,000 | £190,000 | 24 NEASHAM ROAD |
11 Aug 2023 | £188,144 | £187,000 | 70 WOODLANDS |
30 Jun 2023 | £68,556 | £68,000 | 62 BURNHALL DRIVE |
9 Sep 2022 | £189,693 | £192,000 | 40 WOODLANDS |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 13 Apr 2014. Using an estimated price of £225,803 means this house is valued at £1,963 per sq meter (£182 per sq foot).
The average size of a house on WOODLANDS is 111 sq meters (1,195 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodlands |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnhall Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Neasham Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Neasham Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Normanby Close |