£246,458
This estimated value is based upon the latest sale price for the house of £200,000 on 27 Apr 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £200,000 | 27 Apr 2018 |
| £77,500 | 6 Feb 1998 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 April 2018 the House Price Index for DURHAM was 119.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.229%.Applying this 23.229% change to the original purchase price of £200,000 results in an estimated price of approximately £246,458.
| 27 Apr 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 146.7 | 23.229 % | £200,000 | £46,458 | £246,458 |
The Postcode Pricing Model uses changes in average sales price within the DL12 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 | 66.264 % | £132,527 | £332,527 |
| 3 Month Average | 38.249 % | £76,498 | £276,498 |
| 6 Month Average | 26.485 % | £52,970 | £252,970 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 18 Sep 2017.
The average size of a house on RICHARDSON FIELDS is 126 sq meters (1,360 sq feet).
This house is the smallest in the street with a floor area of 91 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Further action is not in the public interest | On or near Richardson Fields |
| Mar 2024 | Anti-social behaviour | On or near Dawson Road | |
| Feb 2024 | Burglary | Under investigation | On or near Dawson Road |
| Jan 2024 | Drugs | Local resolution | On or near Dawson Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Dawson Road |