£251,247
This estimated value is based upon the latest sale price for the house of £205,000 on 23 Aug 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £205,000 | 23 Aug 2019 |
| £100,000 | 22 Dec 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 August 2019 the House Price Index for COUNTY DURHAM was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £205,000 results in an estimated price of approximately £251,247.
| 23 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.0 | 22.560 % | £205,000 | £46,247 | £251,247 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -16.672 % | £-34,178 | £170,821 |
| 3 Month Average | -13.995 % | £-28,689 | £176,310 |
| 6 Month Average | -5.054 % | £-10,361 | £194,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £167,016 | £166,000 | 4 SEATON CRESCENT |
| 14 Jul 2023 | £146,385 | £145,000 | 8 SEATON CRESCENT |
| 29 Jun 2023 | £191,553 | £190,000 | 1 BLAYKESTON CLOSE |
| 20 Jan 2023 | £252,780 | £255,000 | 14 BLAYKESTON CLOSE |
| 2 Sep 2022 | £153,138 | £155,000 | 11 SEATON CRESCENT |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 17 Mar 2017. Using an estimated price of £251,247 means this house is valued at £2,617 per sq meter (£243 per sq foot).
There is one other house on the street which we know the size of, this is SEAHAM LODGE SEATON LANE it is 150.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Seaton Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Seaton Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Seaton Crescent |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Sharpley Drive |
| Apr 2024 | Anti-social behaviour | On or near Hall Close |