£344,314
This estimated value is based upon the latest sale price for the house of £300,000 on 9 Dec 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £300,000 | 9 Dec 2020 |
| £278,000 | 19 May 2017 |
| £285,000 | 31 Mar 2017 |
| £260,000 | 4 Nov 2011 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,396 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 December 2020 the House Price Index for COUNTY DURHAM was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £300,000 results in an estimated price of approximately £344,314.
| 9 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £300,000 | £44,314 | £344,314 |
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 | -8.548 % | £-25,644 | £274,355 |
| 3 Month Average | 2.105 % | £6,314 | £306,314 |
| 6 Month Average | -1.952 % | £-5,857 | £294,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £107,593 | £106,000 | 113 HARVEY AVENUE |
| 10 Feb 2023 | £204,063 | £204,200 | 125 HARVEY AVENUE |
| 23 Sep 2022 | £138,879 | £140,000 | 19 HUTTON WAY |
| 26 Aug 2022 | £398,926 | £400,000 | 74 HARVEY AVENUE |
| 15 Jul 2022 | £210,567 | £210,000 | 76 HUTTON WAY |
This house has a floor area of 129 sq meters or 1,396 sq feet when measured on 14 Oct 2011. Using an estimated price of £344,314 means this house is valued at £2,653 per sq meter (£246 per sq foot).
The average size of a house on HARVEY AVENUE is 122 sq meters (1,322 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Harvey Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hutton Way |
| Dec 2023 | Other crime | Further investigation is not in the public interest | On or near Hutton Way |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hutton Way |
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near Pit Lane |