£346,732
This estimated value is based upon the latest sale price for the house of £191,000 on 8 Dec 2008. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£191,000 | 8 Dec 2008 |
Detached |
Freehold |
Floor Area: 59 sq meters or 636 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 December 2008 the House Price Index for DURHAM was 81.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.535%.Applying this 81.535% change to the original purchase price of £191,000 results in an estimated price of approximately £346,732.
8 Dec 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.9 | 148.6 | 81.535 % | £191,000 | £155,732 | £346,732 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 24.964 % | £47,681 | £238,681 |
3 Month Average | -18.654 % | £-35,628 | £155,371 |
6 Month Average | -4.680 % | £-8,938 | £182,061 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £156,368 | £155,000 | 32 STUDLEY DRIVE |
9 Jun 2023 | £177,146 | £175,000 | 22 STUDLEY DRIVE |
5 Apr 2023 | £159,720 | £158,000 | 59 STUDLEY DRIVE |
30 Jun 2022 | £253,584 | £250,000 | 15 STUDLEY DRIVE |
18 Feb 2022 | £149,439 | £142,500 | 3 WALLINGTON COURT |
This house has a floor area of 59 sq meters or 636 sq feet when measured on 23 Oct 2008. Using an estimated price of £346,733 means this house is valued at £5,861 per sq meter (£544 per sq foot).
The average size of a house on STUDLEY DRIVE is 91 sq meters (987 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Sledmore Drive |
Jan 2024 | Anti-social behaviour | On or near Alnwick Drive | |
Jan 2024 | Anti-social behaviour | On or near Alnwick Drive | |
Jan 2024 | Anti-social behaviour | On or near Alnwick Drive | |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carr Street |