£120,053
This estimated value is based upon the latest sale price for the house of £70,000 on 17 Feb 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£70,000 | 17 Feb 2012 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 2012 the House Price Index for COUNTY DURHAM was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £70,000 results in an estimated price of approximately £120,053.
17 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.505 % | £70,000 | £50,053 | £120,053 |
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 | 43.754 % | £30,627 | £100,627 |
3 Month Average | 1.242 % | £869 | £70,869 |
6 Month Average | 5.863 % | £4,103 | £74,103 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £40,517 | £39,999 | 9 SIDNEY CLOSE |
23 Jun 2023 | £80,981 | £80,000 | 18 SHAKESPEARE CLOSE |
28 Feb 2023 | £112,424 | £112,500 | 19 SIDNEY CLOSE |
22 Feb 2023 | £89,890 | £89,950 | 44 PENSHAW GARDENS |
20 Oct 2022 | £79,148 | £80,000 | 37 PENSHAW GARDENS |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 19 Jul 2021. Using an estimated price of £120,053 means this house is valued at £1,519 per sq meter (£141 per sq foot).
The average size of a house on SHAKESPEARE CLOSE is 94 sq meters (1,020 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorntree Terrace |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorntree Terrace |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Mar 2024 | Violence and sexual offences | Local resolution | On or near Ballater Close |
Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Ballater Close |