£567,482
This estimated value is based upon the latest sale price for the house of £400,000 on 14 Sep 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £400,000 | 14 Sep 2015 |
| Freehold |
| Floor Area: 59 sq meters or 635 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 2015 the House Price Index for COUNTY DURHAM was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £400,000 results in an estimated price of approximately £567,482.
| 14 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £400,000 | £167,482 | £567,482 |
The Postcode Pricing Model uses changes in average sales price within the NE16 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 | -37.332 % | £-149,326 | £250,673 |
| 3 Month Average | 12.546 % | £50,182 | £450,182 |
| 6 Month Average | 31.468 % | £125,872 | £525,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £182,705 | £180,000 | 4A SYKE ROAD |
| 24 Feb 2023 | £85,942 | £86,000 | 5 CRATHORNE COURT |
| 6 Jan 2023 | £288,640 | £290,000 | 8 THE ROOKERY |
| 12 Aug 2022 | £99,732 | £100,000 | 30 CEDAR CRESCENT |
| 29 Jun 2022 | £213,010 | £210,000 | 12 THE COPSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 10 Oct 2020. Using an estimated price of £567,482 means this house is valued at £9,618 per sq meter (£893 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Other theft | Under investigation | On or near Parking Area |
| Dec 2023 | Anti-social behaviour | On or near Parking Area |