£109,902
This estimated value is based upon the latest sale price for the house of £42,500 on 29 Nov 2002. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £42,500 | 29 Nov 2002 |
| £38,000 | 10 Sep 2002 |
| £38,000 | 8 Sep 2000 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 November 2002 the House Price Index for DURHAM was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £42,500 results in an estimated price of approximately £109,902.
| 29 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 149.7 | 158.595 % | £42,500 | £67,402 | £109,902 |
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 | 84.738 % | £36,013 | £78,513 |
| 3 Month Average | 88.871 % | £37,770 | £80,270 |
| 6 Month Average | 65.386 % | £27,788 | £70,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £87,000 | £87,000 | 106 HATFIELD PLACE |
| 1 May 2024 | £65,000 | £65,000 | 85 MANOR WAY |
| 12 Apr 2024 | £53,464 | £53,000 | 5 HATFIELD PLACE |
| 1 Dec 2023 | £57,775 | £56,000 | 63 MANOR WAY |
| 24 Mar 2023 | £155,090 | £152,500 | 98 MANOR WAY |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 14 Jul 2014. Using an estimated price of £109,903 means this house is valued at £1,017 per sq meter (£94 per sq foot).
The average size of a house on MANOR WAY is 83 sq meters (898 sq feet).
This house is the largest in the street with a floor area of 108 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Manor Way |
| Oct 2024 | Anti-social behaviour | On or near Manor Way | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manor Way |
| Oct 2024 | Anti-social behaviour | On or near Manor Way | |
| Sep 2024 | Anti-social behaviour | On or near Manor Way |