£380,297
This estimated value is based upon the latest sale price for the house of £310,000 on 20 Dec 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £310,000 | 20 Dec 2019 |
| Detached |
| Freehold |
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 December 2019 the House Price Index for COUNTY DURHAM was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £310,000 results in an estimated price of approximately £380,297.
| 20 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £310,000 | £70,297 | £380,297 |
The Postcode Pricing Model uses changes in average sales price within the TS21 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 | -24.426 % | £-75,721 | £234,278 |
| 3 Month Average | -17.388 % | £-53,902 | £256,097 |
| 6 Month Average | -0.229 % | £-710 | £309,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £121,554 | £120,000 | 57 EDEN DRIVE |
| 21 Apr 2023 | £475,116 | £470,000 | 5 FARRIER CLOSE |
| 22 Mar 2023 | £320,520 | £317,500 | 35 SADDLER DRIVE |
| 2 Feb 2023 | £229,795 | £229,950 | 1 MILLINER COURT |
| 28 Oct 2022 | £247,287 | £249,950 | 4 LORIMER CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Cartwright Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farrier Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near A689 |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caden Court |