£376,512
This estimated value is based upon the latest sale price for the house of £300,000 on 19 Jan 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £300,000 | 19 Jan 2018 |
| £294,000 | 19 Jan 2018 |
| £112,000 | 12 Oct 2001 |
| Detached |
| Freehold |
| Floor Area: 216 sq meters or 2,325 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 January 2018 the House Price Index for COUNTY DURHAM was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £300,000 results in an estimated price of approximately £376,512.
| 19 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £300,000 | £76,512 | £376,512 |
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 | 23.769 % | £71,306 | £371,306 |
| 3 Month Average | -4.679 % | £-14,035 | £285,964 |
| 6 Month Average | 4.919 % | £14,756 | £314,756 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £432,569 | £425,000 | THE TITHE BARN HALL WALK |
| 27 Nov 2023 | £172,555 | £170,000 | 4 HALLFIELD DRIVE |
| 21 Jul 2023 | £158,128 | £156,000 | 5 MILL TERRACE |
| 31 Mar 2023 | £151,427 | £150,000 | 35 HALLFIELD DRIVE |
| 25 Oct 2022 | £227,550 | £230,000 | 5 ST MARYS CLOSE |
This house has a floor area of 216 sq meters or 2,325 sq feet when measured on 8 Feb 2017. Using an estimated price of £376,512 means this house is valued at £1,743 per sq meter (£161 per sq foot).
The average size of a house on LOANING BURN is 223 sq meters (2,403 sq feet).
This house is the largest in the street with a floor area of 216 sq meters (2,325 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hall Walks |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Spinney |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Spinney |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Court |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Clappersgate |