£80,693
This estimated value is based upon the latest sale price for the house of £65,000 on 17 Oct 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£65,000 | 17 Oct 2018 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 592 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 October 2018 the House Price Index for COUNTY DURHAM was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £65,000 results in an estimated price of approximately £80,693.
17 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £65,000 | £15,693 | £80,693 |
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 | 50.308 % | £32,700 | £97,700 |
3 Month Average | 23.690 % | £15,398 | £80,398 |
6 Month Average | 1.933 % | £1,256 | £66,256 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £132,058 | £128,000 | 32 LANGMERE |
12 Dec 2023 | £128,963 | £125,000 | 33 HAZELMERE |
18 Oct 2023 | £125,347 | £122,500 | 11 LANGMERE |
29 Sep 2023 | £124,750 | £122,000 | 40 LANGMERE |
3 Feb 2023 | £135,908 | £135,000 | 10 BURNMERE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 6 Mar 2018. Using an estimated price of £80,693 means this house is valued at £1,467 per sq meter (£136 per sq foot).
The average size of a house on THIRLMERE is 69 sq meters (750 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caldermere |
May 2024 | Public order | Unable to prosecute suspect | On or near Grasmere |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenmere |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glastonbury Close |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Kirkdale |