£104,520
This estimated value is based upon the latest sale price for the house of £100,750 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £100,750 | 8 Apr 2022 |
| £66,000 | 21 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 April 2022 the House Price Index for COUNTY DURHAM was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £100,750 results in an estimated price of approximately £104,520.
| 8 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £100,750 | £3,770 | £104,520 |
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 | 15.990 % | £16,109 | £116,859 |
| 3 Month Average | -7.056 % | £-7,109 | £93,640 |
| 6 Month Average | -11.353 % | £-11,438 | £89,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £87,000 | £87,000 | 106 HATFIELD PLACE |
| 12 Apr 2024 | £53,464 | £53,000 | 5 HATFIELD PLACE |
| 20 Jan 2023 | £74,198 | £74,000 | 2 BRAKESPEARE PLACE |
| 6 Jan 2023 | £60,161 | £60,000 | 9 BRAKESPEARE PLACE |
| 11 Aug 2022 | £85,399 | £85,000 | 23 ADRIAN PLACE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 26 Feb 2020. Using an estimated price of £104,520 means this house is valued at £1,187 per sq meter (£110 per sq foot).
The average size of a house on HATFIELD PLACE is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bede Way |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Manor Way |
| Sep 2024 | Anti-social behaviour | On or near Manor Way | |
| Sep 2024 | Anti-social behaviour | On or near Manor Way | |
| Sep 2024 | Anti-social behaviour | On or near Manor Way |