£517,579
This estimated value is based upon the latest sale price for the house of £520,000 on 25 Nov 2022. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £520,000 | 25 Nov 2022 |
| £375,000 | 12 Nov 2010 |
| £375,000 | 12 Nov 2010 |
| Detached |
| Leasehold |
| Floor Area: 195 sq meters or 2,098 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 November 2022 the House Price Index for COUNTY DURHAM was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £520,000 results in an estimated price of approximately £517,579.
| 25 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £520,000 | £-2,420 | £517,579 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | -26.318 % | £-136,855 | £383,144 |
| 3 Month Average | -34.767 % | £-180,789 | £339,210 |
| 6 Month Average | -24.579 % | £-127,809 | £392,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £297,566 | £292,000 | 56 WARKWORTH DRIVE |
| 25 Nov 2022 | £517,580 | £520,000 | 16 DENWICK CLOSE |
| 21 Jan 2022 | £439,982 | £415,000 | 3 DENWICK CLOSE |
| 3 Sep 2021 | £466,795 | £430,000 | 19 DENWICK CLOSE |
| 13 Jul 2021 | £266,288 | £230,000 | 87 WARKWORTH DRIVE |
This house has a floor area of 195 sq meters or 2,098 sq feet when measured on 21 May 2021. Using an estimated price of £517,580 means this house is valued at £2,654 per sq meter (£246 per sq foot).
The average size of a house on DENWICK CLOSE is 151 sq meters (1,629 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Embleton Drive | |
| May 2024 | Anti-social behaviour | On or near Embleton Drive | |
| May 2024 | Anti-social behaviour | On or near Embleton Drive | |
| Jul 2024 | Public order | Under investigation | On or near Waldridge Hall |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brandon Close |