£353,835
This estimated value is based upon the latest sale price for the house of £204,880 on 27 May 2011. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£204,880 | 27 May 2011 |
Terraced |
Freehold |
Floor Area: 121 sq meters or 1,302 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 May 2011 the House Price Index for COUNTY DURHAM was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £204,880 results in an estimated price of approximately £353,835.
27 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.704 % | £204,880 | £148,955 | £353,835 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | 17.852 % | £36,575 | £241,455 |
3 Month Average | 32.044 % | £65,650 | £270,530 |
6 Month Average | 23.335 % | £47,808 | £252,688 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £248,004 | £245,000 | 8 WEST FARM WALDRIDGE LANE |
26 Jan 2023 | £204,039 | £205,000 | 18 CHESTER BURN CLOSE |
23 Jun 2022 | £344,874 | £340,000 | 5 BIRCH VIEW |
4 Feb 2022 | £241,200 | £230,000 | 11 BIRCH VIEW |
10 Dec 2021 | £8,014 | £7,480 | 2 FOXGLOVE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 13 Jun 2011. Using an estimated price of £353,835 means this house is valued at £2,923 per sq meter (£271 per sq foot).
The average size of a house on WALDRIDGE LANE is 145 sq meters (1,569 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near West Farm | |
Jan 2024 | Anti-social behaviour | On or near West Farm | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Farm |
Jan 2024 | Anti-social behaviour | On or near West Farm | |
Mar 2024 | Anti-social behaviour | On or near Birch View |