£116,370
This estimated value is based upon the latest sale price for the house of £74,000 on 26 Sep 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £74,000 | 26 Sep 2007 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2007 the House Price Index for DURHAM was 95.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £74,000 results in an estimated price of approximately £116,370.
| 26 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 149.7 | 57.257 % | £74,000 | £42,370 | £116,370 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | -8.328 % | £-6,162 | £67,837 |
| 3 Month Average | 2.184 % | £1,616 | £75,616 |
| 6 Month Average | 1.004 % | £742 | £74,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £119,841 | £118,000 | 1 WESLEY COURT |
| 6 Nov 2023 | £107,735 | £105,000 | 58 FINES PARK |
| 6 Oct 2023 | £72,650 | £71,000 | 5 WESLEY COURT |
| 13 Sep 2023 | £88,450 | £86,500 | 16 FROSTERLEY GARDENS |
| 12 Apr 2023 | £57,067 | £56,000 | 7 ANTLIFF TERRACE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 24 Jul 2020. Using an estimated price of £116,370 means this house is valued at £1,711 per sq meter (£158 per sq foot).
The average size of a house on CLOWES TERRACE is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Fines Park Court | |
| Aug 2024 | Anti-social behaviour | On or near Fines Park Court | |
| Aug 2024 | Anti-social behaviour | On or near Fines Park Court | |
| Aug 2024 | Anti-social behaviour | On or near Fines Park Court | |
| Aug 2024 | Anti-social behaviour | On or near Fines Park Court |