£162,101
This estimated value is based upon the latest sale price for the house of £132,500 on 23 Jul 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £132,500 | 23 Jul 2018 |
| £143,000 | 12 May 2005 |
| £47,000 | 2 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 July 2018 the House Price Index for DURHAM was 119.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.341%.Applying this 22.341% change to the original purchase price of £132,500 results in an estimated price of approximately £162,101.
| 23 Jul 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 146.7 | 22.341 % | £132,500 | £29,601 | £162,101 |
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 | 118.183 % | £156,592 | £289,092 |
| 3 Month Average | 21.777 % | £28,855 | £161,355 |
| 6 Month Average | 36.717 % | £48,650 | £181,150 |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 18 Jul 2018.
The average size of a house on MARWOOD DRIVE is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Harmire Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Strathmore Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Strathmore Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Strathmore Court |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Bede Road |