£222,484
This estimated value is based upon the latest sale price for the house of £175,000 on 9 Oct 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £175,000 | 9 Oct 2017 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,147 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 2017 the House Price Index for COUNTY DURHAM was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £175,000 results in an estimated price of approximately £222,484.
| 9 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £175,000 | £47,484 | £222,484 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | 20.889 % | £36,556 | £211,556 |
| 3 Month Average | 20.924 % | £36,617 | £211,617 |
| 6 Month Average | 3.273 % | £5,728 | £180,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £186,621 | £185,000 | 15 SHREWSBURY CLOSE |
| 17 Nov 2023 | £187,766 | £183,000 | 14 SHREWSBURY CLOSE |
| 15 Nov 2023 | £123,125 | £120,000 | 9 BRECON CLOSE |
| 13 Oct 2023 | £173,951 | £170,000 | 6 SHREWSBURY CLOSE |
| 25 Aug 2023 | £157,847 | £155,000 | 13 DINTING CLOSE |
This house has a floor area of 106 sq meters or 1,147 sq feet when measured on 14 Oct 2011. Using an estimated price of £222,485 means this house is valued at £2,087 per sq meter (£193 per sq foot).
The average size of a house on DINTING CLOSE is 107 sq meters (1,156 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brecon Close |
| Sep 2024 | Anti-social behaviour | On or near Brecon Close | |
| Sep 2024 | Anti-social behaviour | On or near Brecon Close |