£662,214
This estimated value is based upon the latest sale price for the house of £540,000 on 4 Oct 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £540,000 | 4 Oct 2019 |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 October 2019 the House Price Index for COUNTY DURHAM was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £540,000 results in an estimated price of approximately £662,214.
| 4 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £540,000 | £122,214 | £662,214 |
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 | 44.661 % | £241,168 | £781,168 |
| 3 Month Average | 7.792 % | £42,077 | £582,077 |
| 6 Month Average | 24.869 % | £134,294 | £674,294 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jan 2023 | £398,125 | £400,000 | 4 MIDDLE FARM |
| 4 Jan 2023 | £111,326 | £111,850 | UNIT 9 INDUSTRIAL ESTATE |
| 5 Sep 2022 | £694,393 | £700,000 | THE OLD FARMHOUSE WEST FARM |
| 8 Aug 2022 | £139,624 | £140,000 | 18 THE OVAL |
| 29 Jul 2022 | £142,383 | £142,000 | 27 THE OVAL |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 3 Dec 2014. Using an estimated price of £662,214 means this house is valued at £4,598 per sq meter (£427 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Streatlam Close |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near The Green |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Green |