£406,079
This estimated value is based upon the latest sale price for the house of £305,000 on 18 Aug 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£305,000 | 18 Aug 2016 |
Detached |
Freehold |
Floor Area: 190 sq meters or 2,045 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 August 2016 the House Price Index for COUNTY DURHAM was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £305,000 results in an estimated price of approximately £406,079.
18 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.141 % | £305,000 | £101,079 | £406,079 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 83.407 % | £254,391 | £559,391 |
3 Month Average | 8.549 % | £26,072 | £331,072 |
6 Month Average | 14.129 % | £43,093 | £348,093 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2023 | £39,344 | £39,000 | 16 WOOD STREET |
19 Jul 2023 | £116,518 | £114,950 | 19 OAKDENE TERRACE |
14 Jul 2023 | £61,832 | £61,000 | 7 WATSON STREET |
3 Mar 2023 | £90,856 | £90,000 | 3 OAKDENE TERRACE |
24 Feb 2023 | £71,952 | £72,000 | 8 WOOD STREET |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 8 Jun 2016. Using an estimated price of £406,079 means this house is valued at £2,137 per sq meter (£198 per sq foot).
The average size of a house on CASTLEGARTH is 234 sq meters (2,524 sq feet).
This house is the largest in the street with a floor area of 190 sq meters (2,045 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Unable to prosecute suspect | On or near Castlegarth |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wood Street |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Watson Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watson Street |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Watson Street |