£856,259
This estimated value is based upon the latest sale price for the house of £860,345 on 31 Mar 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£860,345 | 31 Mar 2023 |
£825,000 | 27 Jul 2018 |
Freehold |
Floor Area: 191 sq meters or 2,055 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 2023 the House Price Index for COUNTY DURHAM was 147.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.475%.Applying this -0.475% change to the original purchase price of £860,345 results in an estimated price of approximately £856,259.
31 Mar 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.4 | 146.7 | -0.475 % | £860,345 | £-4,085 | £856,259 |
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 | -7.131 % | £-61,350 | £798,994 |
3 Month Average | -6.001 % | £-51,625 | £808,719 |
6 Month Average | 0.371 % | £3,195 | £863,540 |
This house has a floor area of 191 sq meters or 2,055 sq feet when measured on 15 Oct 2013.
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Local resolution | On or near Shopping Area |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shopping Area |
Mar 2024 | Drugs | Further action is not in the public interest | On or near Market Place |
Mar 2024 | Anti-social behaviour | On or near Market Place | |
Mar 2024 | Burglary | Under investigation | On or near Market Place |