£84,206
This estimated value is based upon the latest sale price for the house of £49,950 on 3 May 2013. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £49,950 | 3 May 2013 |
| 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 May 2013 the House Price Index for COUNTY DURHAM was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £49,950 results in an estimated price of approximately £84,206.
| 3 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.581 % | £49,950 | £34,256 | £84,206 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | 8.468 % | £4,229 | £54,179 |
| 3 Month Average | 21.110 % | £10,544 | £60,494 |
| 6 Month Average | 16.035 % | £8,009 | £57,959 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £75,314 | £73,000 | 101 SOUTHFIELDS |
| 1 Nov 2023 | £102,091 | £99,500 | 22 COQUET GARDENS |
| 1 Sep 2023 | £49,082 | £48,000 | 86 SOUTHFIELDS |
| 25 Aug 2023 | £73,832 | £72,500 | 9 WAVENEY GARDENS |
| 9 Jun 2023 | £100,004 | £98,000 | 42 ORWELL GARDENS |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 31 Jan 2013. Using an estimated price of £84,206 means this house is valued at £1,137 per sq meter (£105 per sq foot).
The average size of a house on SOUTHFIELDS is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Hustledown Road | |
| Sep 2024 | Anti-social behaviour | On or near Hustledown Road | |
| Oct 2024 | Other theft | Under investigation | On or near Coquet Gardens |
| Sep 2024 | Anti-social behaviour | On or near Coquet Gardens | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coquet Gardens |