£162,515
This estimated value is based upon the latest sale price for the house of £160,100 on 13 May 2022. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £160,100 | 13 May 2022 |
| £85,000 | 16 Dec 2011 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 943 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 2022 the House Price Index for COUNTY DURHAM was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £160,100 results in an estimated price of approximately £162,515.
| 13 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £160,100 | £2,415 | £162,515 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -51.140 % | £-81,874 | £78,225 |
| 3 Month Average | -9.456 % | £-15,138 | £144,961 |
| 6 Month Average | -2.362 % | £-3,781 | £156,318 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £127,410 | £125,000 | 23 NEW DRIVE |
| 3 Nov 2023 | £135,743 | £134,000 | 23 DERWENT CLOSE |
| 24 Jul 2023 | £151,432 | £150,000 | 109 DENE HOUSE ROAD |
| 2 Mar 2023 | £130,707 | £130,000 | 59 DENE WAY |
| 22 Jul 2022 | £115,144 | £115,300 | 61 DENE WAY |
This house has a floor area of 87 sq meters or 943 sq feet when measured on 18 Feb 2011. Using an estimated price of £162,516 means this house is valued at £1,853 per sq meter (£172 per sq foot).
The average size of a house on DERWENT CLOSE is 70 sq meters (761 sq feet).
This house is the largest in the street with a floor area of 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dene Way |
| Apr 2024 | Drugs | On or near Seaham (Station) | |
| Mar 2024 | Violence and sexual offences | On or near Seaham (Station) | |
| Mar 2024 | Violence and sexual offences | On or near Seaham (Station) | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Green |