£139,521
This estimated value is based upon the latest sale price for the house of £130,000 on 28 Sep 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Clara Street
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| Price Paid | Date |
|---|---|
| £130,000 | 28 Sep 2021 |
| £43,950 | 16 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 September 2021 the House Price Index for DURHAM was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £130,000 results in an estimated price of approximately £139,521.
| 28 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £130,000 | £9,521 | £139,521 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -29.658 % | £-38,555 | £91,444 |
| 3 Month Average | -4.198 % | £-5,457 | £124,542 |
| 6 Month Average | -18.440 % | £-23,972 | £106,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £90,048 | £89,500 | 27 MILTON CLOSE |
| 14 Jul 2023 | £78,744 | £77,999 | 3 OLIVER STREET |
| 22 Mar 2023 | £81,440 | £81,000 | 12 OLIVER STREET |
| 19 Aug 2022 | £64,564 | £65,000 | 19 CLARA STREET |
| 5 Jul 2022 | £115,843 | £116,000 | 30 OLIVER STREET |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 12 Jul 2013. Using an estimated price of £139,521 means this house is valued at £1,011 per sq meter (£93 per sq foot).
The average size of a house on CLARA STREET is 121 sq meters (1,305 sq feet).
This house is the largest in the street with a floor area of 138 sq meters (1,485 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Clara Street | |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Clara Street |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Clara Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Clara Street |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Hambleton Drive |