£400,344
This estimated value is based upon the latest sale price for the house of £85,995 on 11 Sep 1998. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £85,995 | 11 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 1998 the House Price Index for DURHAM was 31.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 365.544%.Applying this 365.544% change to the original purchase price of £85,995 results in an estimated price of approximately £400,344.
| 11 Sep 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 148.6 | 365.544 % | £85,995 | £314,349 | £400,344 |
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 | 81.404 % | £70,003 | £155,998 |
| 3 Month Average | 96.063 % | £82,609 | £168,604 |
| 6 Month Average | 122.887 % | £105,676 | £191,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £242,612 | £240,000 | 25 PRIMROSE CLOSE |
| 27 Jan 2023 | £218,969 | £220,000 | 17 BLUEBELL DRIVE |
| 30 Mar 2022 | £241,397 | £232,950 | 31 PRIMROSE CLOSE |
| 14 Mar 2022 | £254,921 | £246,000 | 2 WESTMOOR CLOSE |
| 1 Mar 2022 | £255,957 | £247,000 | 9 PRIMROSE CLOSE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 18 Feb 2015. Using an estimated price of £400,345 means this house is valued at £3,849 per sq meter (£357 per sq foot).
The average size of a house on PRIMROSE CLOSE is 140 sq meters (1,511 sq feet).
This house is the smallest in the street with a floor area of 104 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bluebell Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westmoor Close |
| Apr 2024 | Burglary | Under investigation | On or near Duncombe Close |
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Duncombe Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Duncombe Close |