£278,027
This estimated value is based upon the latest sale price for the house of £119,950 on 14 Aug 2003. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £119,950 | 14 Aug 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 August 2003 the House Price Index for DURHAM was 64.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £119,950 results in an estimated price of approximately £278,027.
| 14 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 149.7 | 131.786 % | £119,950 | £158,077 | £278,027 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 57.930 % | £69,487 | £189,437 |
| 3 Month Average | 69.190 % | £82,993 | £202,943 |
| 6 Month Average | 78.221 % | £93,826 | £213,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £187,766 | £183,000 | 3 POPLAR DRIVE |
| 22 Nov 2023 | £66,693 | £65,000 | 13 BELGRAVIA HOUSE |
| 10 Nov 2023 | £241,121 | £235,000 | 29 ROWAN TREE AVENUE |
| 10 Nov 2023 | £94,909 | £92,500 | 84 MOOR CRESCENT |
| 9 Aug 2023 | £264,775 | £260,000 | 32 ROWAN TREE AVENUE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 3 Jan 2018. Using an estimated price of £278,027 means this house is valued at £2,808 per sq meter (£260 per sq foot).
The average size of a house on ROWAN TREE AVENUE is 108 sq meters (1,167 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rowan Tree Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rowan Tree Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Conifer Close |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Willowtree Avenue |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Willowtree Avenue |