£690,600
This estimated value is based upon the latest sale price for the house of £115,000 on 23 Oct 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £115,000 | 23 Oct 2023 |
| £115,000 | 29 Sep 2023 |
| £105,000 | 1 Feb 2018 |
| £115,000 | 22 Jun 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 October 2023 the House Price Index for DURHAM was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £115,000 results in an estimated price of approximately £690,600.
| 23 Oct 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £115,000 | £575,600 | £690,600 |
The Postcode Pricing Model uses changes in average sales price within the DL15 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 | 21.994 % | £25,293 | £140,293 |
| 3 Month Average | 4.952 % | £5,694 | £120,694 |
| 6 Month Average | 0.965 % | £1,109 | £116,109 |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 10 Nov 2017.
The average size of a house on SEWELL COURT is 115 sq meters (1,242 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Murphy Close |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Murphy Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Robinson Grove |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area |