£520,368
This estimated value is based upon the latest sale price for the house of £485,000 on 7 Jun 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £485,000 | 7 Jun 2021 |
| 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 June 2021 the House Price Index for COUNTY DURHAM was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £485,000 results in an estimated price of approximately £520,368.
| 7 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £485,000 | £35,368 | £520,368 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | -43.535 % | £-211,146 | £273,853 |
| 3 Month Average | -30.221 % | £-146,571 | £338,428 |
| 6 Month Average | -25.647 % | £-124,389 | £360,610 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £253,757 | £250,000 | 7 WETHERBY CLOSE |
| 29 Mar 2023 | £439,137 | £435,000 | SHOTLEY LODGE COTTAGE |
| 24 Mar 2023 | £615,802 | £610,000 | 90 SNOWS GREEN ROAD |
| 10 Feb 2023 | £289,555 | £289,750 | 4 THE MOUNT |
| 3 Feb 2023 | £424,714 | £425,000 | 4 CHEPSTOW CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near The Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Law Road |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Selborne Gardens |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Ashfield |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ashfield |