£236,053
This estimated value is based upon the latest sale price for the house of £70,500 on 22 Jun 2001. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £70,500 | 22 Jun 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 June 2001 the House Price Index for DURHAM was 43.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 234.828%.Applying this 234.828% change to the original purchase price of £70,500 results in an estimated price of approximately £236,053.
| 22 Jun 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 146.7 | 234.828 % | £70,500 | £165,553 | £236,053 |
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 | 167.876 % | £118,352 | £188,852 |
| 3 Month Average | 201.337 % | £141,942 | £212,442 |
| 6 Month Average | 207.479 % | £146,272 | £216,772 |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 30 Jan 2015.
The average size of a house on ROMNEY DRIVE is 83 sq meters (899 sq feet).
This house is the largest in the street with a floor area of 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Local resolution | On or near Romney Drive |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carrsdale |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carrsdale |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Dene Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Taylor Court |