£445,531
This estimated value is based upon the latest sale price for the house of £350,000 on 19 May 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£350,000 | 19 May 2017 |
£320,000 | 23 Jul 2013 |
Detached |
Freehold |
Floor Area: 121 sq meters or 1,302 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 2017 the House Price Index for COUNTY DURHAM was 115.5.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 27.295%.Applying this 27.295% change to the original purchase price of £350,000 results in an estimated price of approximately £445,531.
19 May 2017 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 147.0 | 27.295 % | £350,000 | £95,531 | £445,531 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 18.455 % | £64,594 | £414,594 |
3 Month Average | 24.674 % | £86,360 | £436,360 |
6 Month Average | 17.368 % | £60,787 | £410,787 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jan 2024 | £230,000 | £230,000 | 23 WITTON GROVE |
21 Aug 2023 | £506,554 | £510,000 | 1 THE VILLAS |
6 May 2022 | £292,186 | £290,000 | 18 DRYBURN HILL |
16 Nov 2021 | £630,764 | £590,000 | 18 AYKLEY GREEN |
17 Sep 2021 | £1,225,000 | £1,150,000 | BALTAL WHITESMOCKS |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 7 May 2015. Using an estimated price of £445,532 means this house is valued at £3,682 per sq meter (£342 per sq foot).
The average size of a house on WHITESMOCKS is 185 sq meters (1,999 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Witton Grove |