£398,798
This estimated value is based upon the latest sale price for the house of £249,500 on 7 Jun 2007. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £249,500 | 7 Jun 2007 |
| £143,500 | 15 Mar 2000 |
| Detached |
| Freehold |
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 June 2007 the House Price Index for COUNTY DURHAM was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £249,500 results in an estimated price of approximately £398,798.
| 7 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 149.7 | 59.839 % | £249,500 | £149,298 | £398,798 |
The Postcode Pricing Model uses changes in average sales price within the DL13 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 | -18.008 % | £-44,930 | £204,569 |
| 3 Month Average | 34.882 % | £87,029 | £336,529 |
| 6 Month Average | 46.560 % | £116,167 | £365,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £475,000 | £475,000 | THE WHITE HOUSE |
| 18 Aug 2023 | £152,755 | £150,000 | 1 CHERRY TREE HOUSE |
| 26 Aug 2022 | £165,775 | £165,000 | STOTSFIELD BURN FARM |
| 7 Jul 2022 | £136,366 | £135,000 | 15 FRONT STREET |
| 29 Apr 2022 | £95,443 | £92,000 | 15 BOLTSBURN CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Under investigation | On or near A689 |
| Aug 2024 | Vehicle crime | Under investigation | On or near Park/Open Space |
| Jul 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Jul 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Jul 2024 | Anti-social behaviour | On or near Park/Open Space |