£261,225
This estimated value is based upon the latest sale price for the house of £188,950 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£188,950 | 29 Jan 2016 |
£150,000 | 2 Aug 2013 |
Terraced |
Freehold |
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 January 2016 the House Price Index for COUNTY DURHAM was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £188,950 results in an estimated price of approximately £261,225.
29 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £188,950 | £72,275 | £261,225 |
The Postcode Pricing Model uses changes in average sales price within the TS21 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 | 157.293 % | £297,205 | £486,155 |
3 Month Average | 42.237 % | £79,807 | £268,757 |
6 Month Average | 30.217 % | £57,095 | £246,045 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Jul 2024 | £160,000 | £160,000 | 25 NORTH END |
22 Nov 2023 | £143,646 | £140,000 | 14 THE SQUARE |
7 Nov 2023 | £266,772 | £260,000 | DORIC HOUSE WEST PARK LANE |
3 Nov 2023 | £420,679 | £410,000 | ROOK LODGE WEST PARK LANE |
14 Mar 2023 | £228,821 | £225,000 | SNOWDROP COTTAGE, 1 HARDWICK MEWS |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Shoplifting | Awaiting court outcome | On or near High Street |
Sep 2024 | Anti-social behaviour | On or near High Street | |
Sep 2024 | Anti-social behaviour | On or near High Street | |
Aug 2024 | Anti-social behaviour | On or near High Street | |
Aug 2024 | Anti-social behaviour | On or near High Street |