£150,925
This estimated value is based upon the latest sale price for the house of £121,000 on 8 May 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£121,000 | 8 May 2018 |
£59,995 | 3 May 2002 |
£48,000 | 26 May 2000 |
Semi-Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 May 2018 the House Price Index for DURHAM was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £121,000 results in an estimated price of approximately £150,925.
8 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £121,000 | £29,925 | £150,925 |
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 | 84.578 % | £102,339 | £223,339 |
3 Month Average | 12.768 % | £15,449 | £136,449 |
6 Month Average | 4.010 % | £4,852 | £125,852 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £112,668 | £111,000 | 3 RAINE WALK |
3 Nov 2023 | £80,187 | £79,000 | 74 BISCOP CRESCENT |
27 Feb 2023 | £44,970 | £45,000 | 43 HATFIELD ROAD |
17 Feb 2023 | £94,936 | £95,000 | 20 HEILD CLOSE |
6 Jul 2022 | £110,297 | £110,000 | 19 SHERATON ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 13 Feb 2018. Using an estimated price of £150,926 means this house is valued at £1,640 per sq meter (£152 per sq foot).
The average size of a house on HATFIELD ROAD is 84 sq meters (912 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Unable to prosecute suspect | On or near Sheraton Road |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Sheraton Road |