£186,602
This estimated value is based upon the latest sale price for the house of £156,000 on 25 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 |
---|---|
£156,000 | 25 Sep 2020 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £156,000 results in an estimated price of approximately £186,602.
25 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 149.7 | 19.617 % | £156,000 | £30,602 | £186,602 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | -19.734 % | £-30,785 | £125,214 |
3 Month Average | 9.311 % | £14,524 | £170,524 |
6 Month Average | -0.463 % | £-723 | £155,276 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £160,211 | £157,000 | 55 CHESTNUT WAY |
3 Mar 2023 | £259,331 | £255,000 | 6 WYNYARD COURT |
18 Jul 2022 | £139,397 | £138,000 | 3 ELWICK AVENUE |
15 Jul 2022 | £163,640 | £162,000 | 17 CHESTNUT WAY |
6 May 2022 | £184,815 | £180,000 | 41 CHESTNUT WAY |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 27 Aug 2020. Using an estimated price of £186,603 means this house is valued at £1,811 per sq meter (£168 per sq foot).
The average size of a house on CHESTNUT WAY is 92 sq meters (990 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Chestnut Way | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Way |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Chestnut Way |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Middridge Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Middridge Road |