£64,006
This estimated value is based upon the latest sale price for the house of £48,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £48,000 | 31 Mar 2016 |
| £45,000 | 13 Nov 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 March 2016 the House Price Index for COUNTY DURHAM was 110.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 33.347%.Applying this 33.347% change to the original purchase price of £48,000 results in an estimated price of approximately £64,006.
| 31 Mar 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 146.7 | 33.347 % | £48,000 | £16,006 | £64,006 |
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 | 2.059 % | £988 | £48,988 |
| 3 Month Average | 17.075 % | £8,196 | £56,196 |
| 6 Month Average | 21.478 % | £10,309 | £58,309 |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 28 Aug 2012.
The average size of a house on DERBY DRIVE is 94 sq meters (1,014 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Essex Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derby Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rutland Place |