£486,251
This estimated value is based upon the latest sale price for the house of £402,126 on 16 Jul 2020. 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 Parking Area
More crime details
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| Price Paid | Date |
|---|---|
| £402,126 | 16 Jul 2020 |
| Freehold |
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 July 2020 the House Price Index for COUNTY DURHAM was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £402,126 results in an estimated price of approximately £486,251.
| 16 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £402,126 | £84,125 | £486,251 |
The Postcode Pricing Model uses changes in average sales price within the TS21 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 | -55.944 % | £-224,965 | £177,160 |
| 3 Month Average | -6.257 % | £-25,162 | £376,963 |
| 6 Month Average | -2.240 % | £-9,008 | £393,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £111,653 | £110,000 | 6 WELLGARTH MEWS |
| 17 Nov 2023 | £111,653 | £110,000 | 5 WELLGARTH MEWS |
| 8 Nov 2023 | £111,653 | £110,000 | 7 WINTERTON COTTAGES |
| 25 Aug 2023 | £327,868 | £325,000 | 3 MILLCLOSE WALK |
| 12 Aug 2022 | £256,809 | £257,500 | 12 WELLGARTH MEWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Burglary | Awaiting court outcome | On or near Parking Area |
| Mar 2024 | Burglary | Awaiting court outcome | On or near Townend |
| Apr 2024 | Burglary | Suspect charged as part of another case | On or near Meadow Hill |
| Apr 2024 | Burglary | Suspect charged as part of another case | On or near Meadow Hill |