£258,821
This estimated value is based upon the latest sale price for the house of £250,000 on 21 Feb 2022. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £250,000 | 21 Feb 2022 |
| £180,000 | 4 Jun 2019 |
| Detached |
| Freehold |
| Floor Area: 188 sq meters or 2,023 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 February 2022 the House Price Index for COUNTY DURHAM was 141.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.529%.Applying this 3.529% change to the original purchase price of £250,000 results in an estimated price of approximately £258,821.
| 21 Feb 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 146.7 | 3.529 % | £250,000 | £8,821 | £258,821 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 61.218 % | £153,044 | £403,044 |
| 3 Month Average | -8.454 % | £-21,135 | £228,864 |
| 6 Month Average | 5.675 % | £14,188 | £264,188 |
This house has a floor area of 188 sq meters or 2,023 sq feet when measured on 24 Oct 2017.
The average size of a house on ROCK ROAD is 122 sq meters (1,316 sq feet).
This house is the largest in the street with a floor area of 188 sq meters (2,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Avenue |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Beech Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beech Avenue |