£329,947
This estimated value is based upon the latest sale price for the house of £268,000 on 14 May 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £268,000 | 14 May 2019 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2019 the House Price Index for COUNTY DURHAM was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.115%.Applying this 23.115% change to the original purchase price of £268,000 results in an estimated price of approximately £329,947.
| 14 May 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.115 % | £268,000 | £61,947 | £329,947 |
The Postcode Pricing Model uses changes in average sales price within the DL12 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 | 33.349 % | £89,375 | £357,375 |
| 3 Month Average | 9.651 % | £25,863 | £293,863 |
| 6 Month Average | 6.488 % | £17,387 | £285,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £104,477 | £102,500 | 4 HARMIRE CLOSE |
| 30 Jun 2023 | £166,349 | £165,000 | 8 HARMIRE CLOSE |
| 30 Jun 2023 | £287,330 | £285,000 | 41 HARMIRE ROAD |
| 21 Apr 2023 | £125,936 | £125,000 | 5 HARMIRE CLOSE |
| 6 Apr 2023 | £241,797 | £240,000 | 23 WOODLANDS ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 26 Feb 2018. Using an estimated price of £329,947 means this house is valued at £3,366 per sq meter (£312 per sq foot).
The average size of a house on HARMIRE ROAD is 110 sq meters (1,190 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Harmire Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Harmire Road |
| Apr 2024 | Anti-social behaviour | On or near Harmire Close | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Bede Road |
| Jan 2024 | Anti-social behaviour | On or near Bede Road |