£795,453
This estimated value is based upon the latest sale price for the house of £665,000 on 22 Sep 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £665,000 | 22 Sep 2020 |
| Freehold |
| Floor Area: 295 sq meters or 3,175 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 September 2020 the House Price Index for COUNTY DURHAM was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £665,000 results in an estimated price of approximately £795,453.
| 22 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £665,000 | £130,453 | £795,453 |
The Postcode Pricing Model uses changes in average sales price within the TS28 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 | -48.816 % | £-324,623 | £340,376 |
| 3 Month Average | -34.447 % | £-229,075 | £435,924 |
| 6 Month Average | -29.675 % | £-197,339 | £467,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £547,433 | £535,000 | 12 MANOR FIELDS |
| 31 Mar 2023 | £610,190 | £600,000 | 15 RED CEDAR CLOSE |
| 8 Mar 2023 | £879,691 | £865,000 | 12 RED CEDAR CLOSE |
| 25 Nov 2022 | £647,970 | £651,000 | 13 MANOR FIELDS |
| 23 Nov 2022 | £437,952 | £440,000 | STATION BUNGALOW |
This house has a floor area of 295 sq meters or 3,175 sq feet when measured on 12 Aug 2016. Using an estimated price of £795,454 means this house is valued at £2,696 per sq meter (£250 per sq foot).
The average size of a house on is 127 sq meters (1,369 sq feet).
This house is the largest in the street with a floor area of 295 sq meters (3,175 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Coal Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elderberry Close |
| Jun 2024 | Public order | Under investigation | On or near Willow Drive |