£498,184
This estimated value is based upon the latest sale price for the house of £425,000 on 21 Sep 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £425,000 | 21 Sep 2020 |
| Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 September 2020 the House Price Index for COUNTY DURHAM was 125.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 17.220%.Applying this 17.220% change to the original purchase price of £425,000 results in an estimated price of approximately £498,184.
| 21 Sep 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 146.7 | 17.220 % | £425,000 | £73,184 | £498,184 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | -32.046 % | £-136,196 | £288,803 |
| 3 Month Average | -27.454 % | £-116,679 | £308,320 |
| 6 Month Average | -25.409 % | £-107,989 | £317,010 |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 30 Jun 2020.
The average size of a house on HERMITAGE PARK is 137 sq meters (1,483 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Orchard Gardens | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Gardens |
| Feb 2024 | Other theft | Under investigation | On or near Coniston Close |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Coniston Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Coniston Close |