£195,959
This estimated value is based upon the latest sale price for the house of £172,950 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£172,950 | 4 Dec 2020 |
£189,045 | 20 Jun 2013 |
Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 December 2020 the House Price Index for COUNTY DURHAM was 129.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 13.304%.Applying this 13.304% change to the original purchase price of £172,950 results in an estimated price of approximately £195,959.
4 Dec 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 146.7 | 13.304 % | £172,950 | £23,009 | £195,959 |
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 | 44.763 % | £77,417 | £250,367 |
3 Month Average | -17.731 % | £-30,665 | £142,284 |
6 Month Average | 2.527 % | £4,370 | £177,320 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 9 Dec 2019.
The average size of a house on RIPLEY CLOSE is 91 sq meters (981 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Under investigation | On or near Marske Way |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Morgan Drive |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Morgan Drive |
Jan 2024 | Criminal damage and arson | Local resolution | On or near Morgan Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morgan Drive |