£248,853
This estimated value is based upon the latest sale price for the house of £156,708 on 27 Jul 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £156,708 | 27 Jul 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 July 2007 the House Price Index for DURHAM was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £156,708 results in an estimated price of approximately £248,853.
| 27 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.801 % | £156,708 | £92,145 | £248,853 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | 15.129 % | £23,708 | £180,416 |
| 3 Month Average | 6.540 % | £10,249 | £166,957 |
| 6 Month Average | 9.338 % | £14,632 | £171,340 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £70,284 | £68,500 | 28 CESTRIAN COURT NEWCASTLE ROAD |
| 27 Sep 2023 | £132,930 | £130,000 | 46 CESTRIAN COURT NEWCASTLE ROAD |
| 18 Sep 2023 | £107,367 | £105,000 | 40 CESTRIAN COURT NEWCASTLE ROAD |
| 1 Sep 2023 | £52,482 | £51,325 | 26 CESTRIAN COURT NEWCASTLE ROAD |
| 18 Aug 2023 | £129,842 | £127,500 | 44 CESTRIAN COURT NEWCASTLE ROAD |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 17 Mar 2014. Using an estimated price of £248,854 means this house is valued at £5,530 per sq meter (£513 per sq foot).
The average size of a house on NEWCASTLE ROAD is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Sep 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Sep 2024 | Drugs | Under investigation | On or near Supermarket |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |