£227,951
This estimated value is based upon the latest sale price for the house of £120,000 on 9 Dec 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £120,000 | 9 Dec 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 sq feet |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in December 2004 the House Price Index for DURHAM was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £120,000 results in an estimated price of approximately £227,951.
| 9 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 149.7 | 89.960 % | £120,000 | £107,951 | £227,951 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 2.329 % | £2,794 | £122,794 |
| 3 Month Average | 17.985 % | £21,581 | £141,581 |
| 6 Month Average | 23.625 % | £28,350 | £148,350 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2024 | £110,000 | £110,000 | 62 NEWTON DRIVE |
| 14 Jun 2024 | £119,000 | £119,000 | 71 NEWTON DRIVE |
| 18 Dec 2023 | £118,646 | £115,000 | 18A PRIORY ROAD |
| 6 Oct 2023 | £153,486 | £150,000 | 35 FINCHALE ROAD |
| 7 Sep 2023 | £178,376 | £174,444 | 4 CARRSIDE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 1 May 2015. Using an estimated price of £227,952 means this house is valued at £2,561 per sq meter (£237 per sq foot).
The average size of a house on FINCHALE ROAD is 104 sq meters (1,127 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Beech Road |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Carrside |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carrside |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Carrside |
| Sep 2024 | Anti-social behaviour | On or near Carrside |