£42,003
This estimated value is based upon the latest sale price for the house of £34,000 on 12 Mar 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Troutbeck Way
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| Price Paid | Date |
|---|---|
| £34,000 | 12 Mar 2019 |
| £9,000 | 14 Sep 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 sq feet |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in March 2019 the House Price Index for DURHAM was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £34,000 results in an estimated price of approximately £42,003.
| 12 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £34,000 | £8,003 | £42,003 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | 9.979 % | £3,392 | £37,392 |
| 3 Month Average | 8.136 % | £2,766 | £36,766 |
| 6 Month Average | 7.190 % | £2,444 | £36,444 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jan 2023 | £112,469 | £112,999 | 12 ELLISON ROAD |
| 9 Sep 2022 | £87,295 | £88,000 | 77 EDEN LANE |
| 4 Apr 2022 | £46,856 | £45,500 | 15 ALSTON WALK |
| 31 Mar 2022 | £59,342 | £57,265 | 8 TROUTBECK WAY |
| 25 Mar 2022 | £91,191 | £88,000 | 4 ASHTON RISE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 10 Mar 2016. Using an estimated price of £42,003 means this house is valued at £617 per sq meter (£57 per sq foot).
The average size of a house on TROUTBECK WAY is 86 sq meters (935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Troutbeck Way |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Troutbeck Way |
| Dec 2023 | Public order | Awaiting court outcome | On or near Troutbeck Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Troutbeck Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Troutbeck Way |