£91,840
This estimated value is based upon the latest sale price for the house of £90,000 on 26 Jun 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £90,000 | 26 Jun 2023 |
| £85,000 | 28 Sep 2018 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 June 2023 the House Price Index for COUNTY DURHAM was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £90,000 results in an estimated price of approximately £91,840.
| 26 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £90,000 | £1,840 | £91,840 |
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 | -6.303 % | £-5,672 | £84,327 |
| 3 Month Average | -3.538 % | £-3,184 | £86,815 |
| 6 Month Average | -13.689 % | £-12,319 | £77,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jul 2024 | £60,000 | £60,000 | 12 SLEDMERE CLOSE |
| 10 Nov 2023 | £67,206 | £65,500 | 80 AMERSHAM CRESCENT |
| 24 Aug 2023 | £115,074 | £112,999 | 29 CRAWFORD AVENUE |
| 15 Aug 2023 | £130,351 | £128,000 | 21 AMERSHAM CRESCENT |
| 26 Jun 2023 | £91,840 | £90,000 | 12 SMILLIE CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 30 Sep 2016. Using an estimated price of £91,840 means this house is valued at £1,009 per sq meter (£93 per sq foot).
The average size of a house on SMILLIE CLOSE is 112 sq meters (1,208 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Smillie Close |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Smillie Close |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Smillie Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Smillie Close |
| Aug 2024 | Anti-social behaviour | On or near Smillie Close |