£174,436
This estimated value is based upon the latest sale price for the house of £131,000 on 27 Jul 2016. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £131,000 | 27 Jul 2016 |
| £44,000 | 17 Mar 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 July 2016 the House Price Index for DURHAM was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £131,000 results in an estimated price of approximately £174,436.
| 27 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £131,000 | £43,436 | £174,436 |
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 | 44.544 % | £58,352 | £189,352 |
| 3 Month Average | 16.856 % | £22,081 | £153,081 |
| 6 Month Average | 19.462 % | £25,495 | £156,495 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £112,988 | £112,000 | 7 FALLOW ROAD |
| 31 Mar 2023 | £146,379 | £145,000 | 5 FAWN CLOSE |
| 27 Jan 2023 | £159,250 | £160,000 | 27 BAMBURGH CRESCENT |
| 25 Nov 2022 | £136,843 | £138,501 | 3 HIND COURT |
| 24 Nov 2022 | £232,188 | £235,000 | 9 HELMSLEY COURT |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 14 Nov 2016. Using an estimated price of £174,436 means this house is valued at £1,836 per sq meter (£170 per sq foot).
The average size of a house on RABY DRIVE is 100 sq meters (1,076 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Brancepeth Close | |
| Feb 2024 | Anti-social behaviour | On or near Brancepeth Close | |
| Feb 2024 | Anti-social behaviour | On or near Brancepeth Close | |
| Feb 2024 | Anti-social behaviour | On or near Brancepeth Close | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fawn Close |