£41,068
This estimated value is based upon the latest sale price for the house of £33,000 on 4 Jan 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£33,000 | 4 Jan 2019 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 January 2019 the House Price Index for COUNTY DURHAM was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £33,000 results in an estimated price of approximately £41,068.
4 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £33,000 | £8,068 | £41,068 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | 25.032 % | £8,260 | £41,260 |
3 Month Average | -3.910 % | £-1,290 | £31,709 |
6 Month Average | 7.388 % | £2,438 | £35,438 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2024 | £75,657 | £75,000 | 63 COTSFORD PARK ESTATE |
8 Dec 2023 | £57,569 | £55,800 | 65 COTSFORD PARK ESTATE |
1 Dec 2023 | £90,790 | £88,000 | 89 COTSFORD PARK ESTATE |
22 Jun 2023 | £54,084 | £53,000 | 161 COTSFORD PARK ESTATE |
28 Jul 2022 | £41,668 | £41,250 | 86 COTSFORD PARK ESTATE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 3 Apr 2013. Using an estimated price of £41,068 means this house is valued at £554 per sq meter (£51 per sq foot).
The average size of a house on COTSFORD PARK ESTATE is 82 sq meters (884 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Cotsford Lane | |
Jun 2024 | Anti-social behaviour | On or near Cotsford Lane | |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cotsford Lane |
Jul 2024 | Burglary | Awaiting court outcome | On or near Willow Grove |
Jul 2024 | Anti-social behaviour | On or near Willow Grove |