£3,422,508
This estimated value is based upon the latest sale price for the house of £2,781,250 on 5 Aug 2019. 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 |
|---|---|
| £2,781,250 | 5 Aug 2019 |
| 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 August 2019 the House Price Index for COUNTY DURHAM was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £2,781,250 results in an estimated price of approximately £3,422,508.
| 5 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £2,781,250 | £641,258 | £3,422,508 |
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 | -12.432 % | £-345,778 | £2,435,471 |
| 3 Month Average | 31.989 % | £889,689 | £3,670,939 |
| 6 Month Average | 20.809 % | £578,758 | £3,360,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £146,280 | £145,000 | CLOSE COTTAGE |
| 11 Aug 2023 | £1,967,209 | £1,949,999 | SAUNDERS HOUSE FARM |
| 22 Jun 2023 | £207,514 | £205,000 | 1 GRANGE TERRACE |
| 24 Jan 2023 | £248,828 | £250,000 | FAIRVIEW COTTAGE |
| 4 Jan 2023 | £111,326 | £111,850 | UNIT 9 INDUSTRIAL ESTATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brignall Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brignall Lane |
| Mar 2024 | Other theft | Under investigation | On or near The Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Street |
| Mar 2024 | Vehicle crime | Under investigation | On or near The Steadings |