£107,229
This estimated value is based upon the latest sale price for the house of £77,000 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£77,000 | 27 Nov 2015 |
Terraced |
Freehold |
Floor Area: 102 sq meters or 1,097 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 November 2015 the House Price Index for COUNTY DURHAM was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £77,000 results in an estimated price of approximately £107,229.
27 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £77,000 | £30,229 | £107,229 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | 76.908 % | £59,218 | £136,218 |
3 Month Average | 6.663 % | £5,130 | £82,130 |
6 Month Average | 11.530 % | £8,878 | £85,878 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Sep 2023 | £76,984 | £76,000 | 16 ENGELS TERRACE |
31 Aug 2023 | £85,750 | £85,000 | 25 BROOKE CLOSE |
25 Aug 2023 | £100,883 | £100,000 | 1 WALTON CLOSE |
18 Aug 2023 | £105,927 | £105,000 | 15 BROOKE CLOSE |
20 Jul 2023 | £53,723 | £53,000 | 12 DURHAM ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 14 Aug 2015. Using an estimated price of £107,229 means this house is valued at £1,051 per sq meter (£97 per sq foot).
The average size of a house on WALTON CLOSE is 111 sq meters (1,200 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Walton Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Walton Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Walton Close |
Feb 2024 | Anti-social behaviour | On or near Williams Close | |
Feb 2024 | Anti-social behaviour | On or near Williams Close |