£73,875
This estimated value is based upon the latest sale price for the house of £61,250 on 19 Jun 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £61,250 | 19 Jun 2020 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2020 the House Price Index for COUNTY DURHAM was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £61,250 results in an estimated price of approximately £73,875.
| 19 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £61,250 | £12,625 | £73,875 |
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 | -74.423 % | £-45,583 | £15,666 |
| 3 Month Average | 25.251 % | £15,466 | £76,716 |
| 6 Month Average | 18.442 % | £11,295 | £72,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £86,105 | £85,000 | 27 MALVERN CLOSE |
| 16 Nov 2023 | £80,027 | £79,000 | 9 BLACKDOWN CLOSE |
| 25 Aug 2023 | £155,948 | £155,000 | 13 DINTING CLOSE |
| 18 Aug 2023 | £218,831 | £217,500 | 5 DINTING CLOSE |
| 11 Jul 2023 | £92,879 | £92,000 | 31 PENDLE CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 11 Jul 2019. Using an estimated price of £73,875 means this house is valued at £923 per sq meter (£85 per sq foot).
The average size of a house on BLACKDOWN CLOSE is 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Blackdown Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Blackdown Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Blackdown Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackdown Close |
| Mar 2024 | Anti-social behaviour | On or near Blackdown Close |