£324,454
This estimated value is based upon the latest sale price for the house of £300,000 on 4 Nov 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Winchester Drive
More crime details
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| Price Paid | Date |
|---|---|
| £300,000 | 4 Nov 2021 |
| Leasehold |
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 November 2021 the House Price Index for COUNTY DURHAM was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £300,000 results in an estimated price of approximately £324,454.
| 4 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £300,000 | £24,454 | £324,454 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -16.709 % | £-50,126 | £249,873 |
| 3 Month Average | -21.299 % | £-63,897 | £236,102 |
| 6 Month Average | -11.616 % | £-34,847 | £265,152 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £709,550 | £700,000 | CHESTNUT GROVE THE VILLAGE |
| 21 Mar 2023 | £272,568 | £270,000 | 11 THE VILLAGE |
| 10 Jun 2022 | £50,717 | £50,000 | 3A GRESLEY ROAD |
| 10 Jun 2022 | £268,799 | £265,000 | 40 BALMORAL DRIVE |
| 10 May 2022 | £3,033,152 | £2,976,000 | 1 PALMER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Winchester Drive |
| Feb 2024 | Vehicle crime | Under investigation | On or near Winchester Drive |
| Mar 2024 | Anti-social behaviour | On or near Shotton Lane | |
| Mar 2024 | Anti-social behaviour | On or near Shotton Lane | |
| Mar 2024 | Anti-social behaviour | On or near Shotton Lane |