£78,743
This estimated value is based upon the latest sale price for the house of £40,100 on 16 Jul 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £40,100 | 16 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 July 2004 the House Price Index for DURHAM was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £40,100 results in an estimated price of approximately £78,743.
| 16 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 149.7 | 96.367 % | £40,100 | £38,643 | £78,743 |
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 | -10.729 % | £-4,302 | £35,797 |
| 3 Month Average | 9.576 % | £3,840 | £43,940 |
| 6 Month Average | 22.625 % | £9,072 | £49,172 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £52,617 | £51,000 | 12 ESKDALE WALK |
| 15 Feb 2023 | £58,390 | £58,000 | 13 CUMBRIAN WAY |
| 31 Aug 2022 | £65,305 | £65,000 | 15 SCARFELL CLOSE |
| 5 Jul 2022 | £50,506 | £50,000 | 43 SCARFELL CLOSE |
| 17 Feb 2022 | £65,500 | £62,000 | 9 THIRLMERE ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 31 Jan 2014. Using an estimated price of £78,743 means this house is valued at £1,036 per sq meter (£96 per sq foot).
The average size of a house on TARN CLOSE is 92 sq meters (998 sq feet).
This house is the largest in the street with a floor area of 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Tarn Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Tarn Close |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Tarn Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tarn Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tarn Close |