£227,336
This estimated value is based upon the latest sale price for the house of £184,000 on 8 Nov 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£184,000 | 8 Nov 2019 |
£63,000 | 19 Dec 1997 |
£61,500 | 30 Aug 1996 |
Detached |
Freehold |
Floor Area: 113 sq meters or 1,216 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 November 2019 the House Price Index for DURHAM was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £184,000 results in an estimated price of approximately £227,336.
8 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £184,000 | £43,336 | £227,336 |
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 | 55.318 % | £101,785 | £285,785 |
3 Month Average | 21.622 % | £39,785 | £223,785 |
6 Month Average | -2.879 % | £-5,297 | £178,702 |
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 113 sq meters or 1,216 sq feet when measured on 3 May 2019. Using an estimated price of £227,336 means this house is valued at £2,011 per sq meter (£186 per sq foot).
The average size of a house on GIRTON CLOSE is 125 sq meters (1,353 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 |