£75,205
This estimated value is based upon the latest sale price for the house of £63,000 on 23 Jul 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £63,000 | 23 Jul 2020 |
| £100,000 | 19 Oct 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2020 the House Price Index for DURHAM was 122.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.374%.Applying this 19.374% change to the original purchase price of £63,000 results in an estimated price of approximately £75,205.
| 23 Jul 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 146.7 | 19.374 % | £63,000 | £12,205 | £75,205 |
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 | -70.506 % | £-44,418 | £18,581 |
| 3 Month Average | -27.654 % | £-17,421 | £45,578 |
| 6 Month Average | 0.151 % | £94 | £63,094 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 30 Jun 2020.
The average size of a house on FURNESS CLOSE is 119 sq meters (1,281 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cleveland Place |
| Jan 2024 | Public order | Further action is not in the public interest | On or near Cleveland Place |
| Dec 2023 | Anti-social behaviour | On or near Mendip Close | |
| Dec 2023 | Anti-social behaviour | On or near Mendip Close | |
| Dec 2023 | Anti-social behaviour | On or near Mendip Close |