£371,995
This estimated value is based upon the latest sale price for the house of £375,000 on 30 Sep 2022. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £375,000 | 30 Sep 2022 |
| 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 September 2022 the House Price Index for COUNTY DURHAM was 149.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.801%.Applying this -0.801% change to the original purchase price of £375,000 results in an estimated price of approximately £371,995.
| 30 Sep 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.6 | -0.801 % | £375,000 | £-3,004 | £371,995 |
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 | -8.936 % | £-33,510 | £341,489 |
| 3 Month Average | -14.054 % | £-52,702 | £322,297 |
| 6 Month Average | -1.317 % | £-4,938 | £370,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2022 | £459,435 | £465,000 | 11 FIELD HOUSE FARM |
| 30 Sep 2022 | £371,996 | £375,000 | GRANGE GARTH SEAHAM GRANGE FARM STOCKTON ROAD |
| 15 Jun 2022 | £160,265 | £158,000 | 18 BURDON CRESCENT |
| 16 May 2022 | £555,466 | £545,000 | 6 FIELD HOUSE FARM |
| 11 Apr 2022 | £169,917 | £165,000 | 4 GLEBE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Chipchase Court |
| Dec 2023 | Other theft | Local resolution | On or near Chipchase Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Field House Farm |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodlands |
| Mar 2024 | Anti-social behaviour | On or near Bradbourne Close |