£78,158
This estimated value is based upon the latest sale price for the house of £79,000 on 28 Oct 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £79,000 | 28 Oct 2022 |
| £28,500 | 30 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 October 2022 the House Price Index for DURHAM was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £79,000 results in an estimated price of approximately £78,158.
| 28 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.6 | -1.065 % | £79,000 | £-841 | £78,158 |
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 | -56.081 % | £-44,304 | £34,695 |
| 3 Month Average | -35.511 % | £-28,054 | £50,945 |
| 6 Month Average | -23.978 % | £-18,942 | £60,057 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Oct 2022 | £78,158 | £79,000 | 114 PENTLAND CLOSE |
| 30 Aug 2022 | £104,718 | £105,000 | 18 SNOWDON PLACE |
| 1 Jun 2022 | £82,161 | £81,000 | 39 BRECON CLOSE |
| 14 Jan 2022 | £84,193 | £80,000 | 1 PENTLAND CLOSE |
| 22 Oct 2021 | £86,305 | £78,000 | 50 PENTLAND CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 19 Mar 2013. Using an estimated price of £78,158 means this house is valued at £840 per sq meter (£78 per sq foot).
The average size of a house on PENTLAND CLOSE is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pentland Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pentland Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pentland Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pentland Close |