£348,151
This estimated value is based upon the latest sale price for the house of £202,000 on 11 Nov 2011. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £202,000 | 11 Nov 2011 |
| £98,800 | 14 Apr 2000 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,207 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 November 2011 the House Price Index for COUNTY DURHAM was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £202,000 results in an estimated price of approximately £348,151.
| 11 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £202,000 | £146,151 | £348,151 |
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 | 26.670 % | £53,874 | £255,874 |
| 3 Month Average | 10.291 % | £20,786 | £222,786 |
| 6 Month Average | 10.810 % | £21,835 | £223,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £211,853 | £210,000 | 22 PATENSON COURT |
| 4 Aug 2023 | £196,721 | £195,000 | 8 FOXGLOVE CLOSE |
| 28 Jul 2023 | £197,660 | £195,000 | 6 WELLHOUSE ROAD |
| 27 May 2022 | £144,727 | £142,000 | 8 WELLHOUSE ROAD |
| 21 Dec 2021 | £233,560 | £218,000 | 31A FOXGLOVE CLOSE |
This house has a floor area of 112 sq meters or 1,207 sq feet when measured on 5 May 2010. Using an estimated price of £348,152 means this house is valued at £3,102 per sq meter (£288 per sq foot).
The average size of a house on FORSTER CLOSE is 148 sq meters (1,601 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Forster Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forster Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forster Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bluestone Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashtree Close |