£114,992
This estimated value is based upon the latest sale price for the house of £85,000 on 31 May 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£85,000 | 31 May 2016 |
Semi-Detached |
Freehold |
Floor Area: 49 sq meters or 527 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 May 2016 the House Price Index for COUNTY DURHAM was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £85,000 results in an estimated price of approximately £114,992.
31 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 149.7 | 35.286 % | £85,000 | £29,992 | £114,992 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 24.938 % | £21,197 | £106,197 |
3 Month Average | 44.128 % | £37,508 | £122,508 |
6 Month Average | 15.154 % | £12,880 | £97,880 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £126,950 | £125,000 | 10 VILLAGE CLOSE |
8 Sep 2023 | £163,607 | £160,000 | 32 LOWTHER DRIVE |
3 Aug 2023 | £62,120 | £61,000 | 7 FARNHAM CLOSE |
23 Jun 2023 | £160,721 | £157,500 | 29 PEMBERTON ROAD |
24 Mar 2023 | £218,652 | £215,000 | 25 LOWTHER DRIVE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 6 May 2011. Using an estimated price of £114,993 means this house is valued at £2,345 per sq meter (£217 per sq foot).
The average size of a house on BROOK CLOSE is 73 sq meters (790 sq feet).
This house is the smallest in the street with a floor area of 49 sq meters (527 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farnham Close |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Beaumont Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Mulgrave Court |
Apr 2024 | Anti-social behaviour | On or near Brancepeth Close | |
Apr 2024 | Anti-social behaviour | On or near Brancepeth Close |