£282,040
This estimated value is based upon the latest sale price for the house of £180,000 on 19 Feb 2008. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£180,000 | 19 Feb 2008 |
Detached |
Freehold |
Floor Area: 128 sq meters or 1,385 sq feet |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in February 2008 the House Price Index for DURHAM was 94.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.689%.Applying this 56.689% change to the original purchase price of £180,000 results in an estimated price of approximately £282,040.
19 Feb 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.8 | 148.6 | 56.689 % | £180,000 | £102,040 | £282,040 |
The Postcode Pricing Model uses changes in average sales price within the DL12 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 | 27.773 % | £49,991 | £229,991 |
3 Month Average | 14.755 % | £26,559 | £206,559 |
6 Month Average | 13.522 % | £24,340 | £204,340 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jul 2023 | £187,524 | £185,000 | 11 BOLDRON LANE |
20 Jan 2023 | £62,705 | £63,000 | 9 LOW STARTFORTH ROAD |
19 Jan 2023 | £222,950 | £224,000 | 9 STAINMORE CLOSE |
20 May 2022 | £247,667 | £243,000 | 31 LOW STARTFORTH ROAD |
11 Mar 2022 | £178,755 | £172,500 | 29 GRASSHOLME WAY |
This house has a floor area of 128 sq meters or 1,385 sq feet when measured on 12 Dec 2011. Using an estimated price of £282,041 means this house is valued at £2,191 per sq meter (£203 per sq foot).
The average size of a house on CORN CLOSE is 136 sq meters (1,469 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Boldron Lane |
Mar 2024 | Other crime | Under investigation | On or near Burnhope Way |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Burnhope Way |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Burnhope Way |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Burnhope Way |