£323,529
This estimated value is based upon the latest sale price for the house of £265,000 on 1 Apr 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £265,000 | 1 Apr 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 April 2019 the House Price Index for COUNTY DURHAM was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.087%.Applying this 22.087% change to the original purchase price of £265,000 results in an estimated price of approximately £323,529.
| 1 Apr 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.087 % | £265,000 | £58,529 | £323,529 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | -7.350 % | £-19,478 | £245,521 |
| 3 Month Average | -10.821 % | £-28,674 | £236,325 |
| 6 Month Average | -8.027 % | £-21,270 | £243,729 |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 9 Mar 2018.
The average size of a house on PARK ROAD NORTH is 144 sq meters (1,552 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Highfield Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Highfield Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Highfield Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Highfield Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Highfield Gardens |