£184,317
This estimated value is based upon the latest sale price for the house of £146,000 on 9 Mar 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £146,000 | 9 Mar 2018 |
| £138,000 | 17 Sep 2008 |
| £120,000 | 5 Apr 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 March 2018 the House Price Index for DURHAM was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £146,000 results in an estimated price of approximately £184,317.
| 9 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £146,000 | £38,317 | £184,317 |
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 | -4.379 % | £-6,393 | £139,606 |
| 3 Month Average | 25.826 % | £37,706 | £183,706 |
| 6 Month Average | -0.974 % | £-1,421 | £144,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £186,621 | £185,000 | 15 SHREWSBURY CLOSE |
| 17 Nov 2023 | £87,214 | £85,000 | 27 MALVERN CLOSE |
| 17 Nov 2023 | £187,766 | £183,000 | 14 SHREWSBURY CLOSE |
| 15 Nov 2023 | £123,125 | £120,000 | 9 BRECON CLOSE |
| 13 Oct 2023 | £173,951 | £170,000 | 6 SHREWSBURY CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 22 Aug 2017. Using an estimated price of £184,317 means this house is valued at £2,118 per sq meter (£196 per sq foot).
The average size of a house on DINTING CLOSE is 107 sq meters (1,156 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Awaiting court outcome | On or near Malvern Close |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Malvern Close |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Malvern Close |
| Sep 2024 | Shoplifting | Awaiting court outcome | On or near Malvern Close |
| Sep 2024 | Shoplifting | Awaiting court outcome | On or near Malvern Close |