£131,147
This estimated value is based upon the latest sale price for the house of £130,000 on 14 Aug 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £130,000 | 14 Aug 2023 |
| £142,425 | 18 Jun 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 August 2023 the House Price Index for DURHAM was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £130,000 results in an estimated price of approximately £131,147.
| 14 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £130,000 | £1,147 | £131,147 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | -0.151 % | £-196 | £129,803 |
| 3 Month Average | -6.076 % | £-7,898 | £122,101 |
| 6 Month Average | 0.076 % | £98 | £130,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £273,497 | £270,000 | 33 DEEPDALE DRIVE |
| 14 Aug 2023 | £131,147 | £130,000 | 8 HORTON CLOSE |
| 3 Feb 2023 | £169,886 | £170,000 | 4 HORTON CLOSE |
| 27 Jan 2023 | £144,320 | £145,000 | 45 DEEPDALE DRIVE |
| 19 Oct 2022 | £247,337 | £250,000 | 56 DEEPDALE DRIVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 30 May 2012. Using an estimated price of £131,147 means this house is valued at £1,660 per sq meter (£154 per sq foot).
The average size of a house on HORTON CLOSE is 102 sq meters (1,098 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bainbridge Close |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Gayle Court |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Redmire Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redmire Drive |
| Jan 2024 | Public order | Under investigation | On or near Deepdale Drive |