£274,236
This estimated value is based upon the latest sale price for the house of £166,000 on 31 May 2013. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £166,000 | 31 May 2013 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 May 2013 the House Price Index for COUNTY DURHAM was 88.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 65.203%.Applying this 65.203% change to the original purchase price of £166,000 results in an estimated price of approximately £274,236.
| 31 May 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 146.7 | 65.203 % | £166,000 | £108,236 | £274,236 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | 5.615 % | £9,321 | £175,321 |
| 3 Month Average | 35.192 % | £58,419 | £224,419 |
| 6 Month Average | 26.242 % | £43,561 | £209,561 |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 1 Feb 2013.
The average size of a house on DERWENTWATER AVENUE is 164 sq meters (1,765 sq feet).
This house is the smallest in the street with a floor area of 104 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Leven Avenue |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Cotswold Avenue |
| Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Cotswold Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cotswold Avenue |
| Jan 2024 | Other crime | Awaiting court outcome | On or near Cotswold Avenue |