£140,117
This estimated value is based upon the latest sale price for the house of £45,500 on 28 Feb 2002. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£45,500 | 28 Feb 2002 |
£41,500 | 12 Sep 1997 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 979 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 February 2002 the House Price Index for DURHAM was 48.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 207.949%.Applying this 207.949% change to the original purchase price of £45,500 results in an estimated price of approximately £140,117.
28 Feb 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
48.3 | 148.6 | 207.949 % | £45,500 | £94,617 | £140,117 |
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 | 166.349 % | £75,688 | £121,188 |
3 Month Average | 117.956 % | £53,670 | £99,170 |
6 Month Average | 120.146 % | £54,666 | £100,166 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £93,000 | £93,000 | 13 WREN CLOSE |
29 Sep 2023 | £157,007 | £155,000 | 118 WASHINGTON CRESCENT |
15 Sep 2023 | £75,971 | £75,000 | 29 ST OSWALDS WALK |
8 Sep 2023 | £101,295 | £100,000 | 12 WREN CLOSE |
31 Jul 2023 | £111,501 | £110,000 | 60 ST BARBARAS WALK |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 11 Feb 2014. Using an estimated price of £140,117 means this house is valued at £1,539 per sq meter (£143 per sq foot).
The average size of a house on WREN CLOSE is 92 sq meters (1,000 sq feet).
This house is the largest in the street with a floor area of 91 sq meters (979 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wren Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Armstrong Close |
Apr 2024 | Violence and sexual offences | Local resolution | On or near Escomb Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Escomb Close |
Mar 2024 | Public order | Under investigation | On or near Escomb Close |