£112,393
This estimated value is based upon the latest sale price for the house of £72,000 on 19 Sep 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£72,000 | 19 Sep 2007 |
£66,000 | 23 Feb 2007 |
£30,000 | 23 Apr 2002 |
£16,000 | 14 Sep 2001 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 725 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 September 2007 the House Price Index for DURHAM was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £72,000 results in an estimated price of approximately £112,393.
19 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.2 | 148.6 | 56.101 % | £72,000 | £40,393 | £112,393 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | -32.050 % | £-23,076 | £48,923 |
3 Month Average | -26.553 % | £-19,118 | £52,881 |
6 Month Average | -16.063 % | £-11,565 | £60,434 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £84,197 | £82,950 | 36 MOORSIDE |
1 Aug 2023 | £69,609 | £69,000 | 32 BRIAR CLOSE |
20 Jul 2023 | £226,042 | £223,000 | 3 SNOWDROP CLOSE |
5 Jul 2023 | £70,950 | £69,995 | 23 THORN CLOSE |
6 Apr 2023 | £77,838 | £77,000 | 115 MOORSIDE |
This house has a floor area of 67 sq meters or 725 sq feet when measured on 20 May 2009. Using an estimated price of £112,393 means this house is valued at £1,666 per sq meter (£154 per sq foot).
The average size of a house on BRIAR CLOSE is 85 sq meters (920 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (725 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Briar Close |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Briar Close |
Feb 2024 | Anti-social behaviour | On or near Briar Close | |
Feb 2024 | Anti-social behaviour | On or near Briar Close | |
Feb 2024 | Anti-social behaviour | On or near Briar Close |