£301,343
This estimated value is based upon the latest sale price for the house of £242,810 on 19 Dec 2017. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £242,810 | 19 Dec 2017 |
| £66,500 | 4 Apr 1996 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 December 2017 the House Price Index for DURHAM was 118.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.107%.Applying this 24.107% change to the original purchase price of £242,810 results in an estimated price of approximately £301,343.
| 19 Dec 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 146.7 | 24.107 % | £242,810 | £58,533 | £301,343 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | -13.124 % | £-31,865 | £210,944 |
| 3 Month Average | 20.776 % | £50,447 | £293,257 |
| 6 Month Average | 19.807 % | £48,092 | £290,902 |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 18 Jul 2017.
The average size of a house on CAMBRIDGESHIRE DRIVE is 114 sq meters (1,235 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Cambridgeshire Drive | |
| Feb 2024 | Anti-social behaviour | On or near Cambridgeshire Drive | |
| Feb 2024 | Anti-social behaviour | On or near Oxfordshire Drive | |
| Feb 2024 | Anti-social behaviour | On or near Oxfordshire Drive | |
| Dec 2023 | Shoplifting | Awaiting court outcome | On or near Oxfordshire Drive |