£301,915
This estimated value is based upon the latest sale price for the house of £245,000 on 30 Oct 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £245,000 | 30 Oct 2018 |
| £144,740 | 8 Jul 2016 |
| £177,500 | 3 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 October 2018 the House Price Index for COUNTY DURHAM was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £245,000 results in an estimated price of approximately £301,915.
| 30 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £245,000 | £56,915 | £301,915 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 41.197 % | £100,932 | £345,932 |
| 3 Month Average | -3.147 % | £-7,711 | £237,288 |
| 6 Month Average | 8.603 % | £21,077 | £266,077 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £304,042 | £299,950 | GLOUCESTER HOUSE THE DENE |
| 31 Mar 2023 | £211,997 | £210,000 | 4 YARMOUTH CLOSE |
| 8 Jul 2022 | £220,594 | £220,000 | 47 WEYMOUTH DRIVE |
| 11 Feb 2022 | £76,555 | £73,000 | 144 THE AVENUE |
| 28 Jan 2022 | £87,350 | £83,000 | 113 THE AVENUE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 29 Jul 2013. Using an estimated price of £301,916 means this house is valued at £3,080 per sq meter (£286 per sq foot).
The average size of a house on WEYMOUTH DRIVE is 94 sq meters (1,013 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Yarmouth Close | |
| Dec 2023 | Anti-social behaviour | On or near Yarmouth Close | |
| Dec 2023 | Anti-social behaviour | On or near Yarmouth Close | |
| Dec 2023 | Anti-social behaviour | On or near Yarmouth Close | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Yarmouth Close |