£161,626
This estimated value is based upon the latest sale price for the house of £145,000 on 19 Oct 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £145,000 | 19 Oct 2021 |
| £48,500 | 31 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 October 2021 the House Price Index for DURHAM was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £145,000 results in an estimated price of approximately £161,626.
| 19 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £145,000 | £16,626 | £161,626 |
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 | -10.986 % | £-15,929 | £129,070 |
| 3 Month Average | -20.522 % | £-29,756 | £115,243 |
| 6 Month Average | -24.730 % | £-35,859 | £109,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £142,185 | £140,000 | 18 BOWMONT WALK |
| 15 Dec 2023 | £95,948 | £93,000 | 57 BOWMONT WALK |
| 7 Dec 2023 | £77,378 | £75,000 | 30 BOWMONT WALK |
| 17 Nov 2023 | £94,838 | £92,431 | 38 FENTON CLOSE |
| 27 Oct 2023 | £92,040 | £89,950 | 41 BOWMONT WALK |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 7 Jul 2015. Using an estimated price of £161,627 means this house is valued at £2,412 per sq meter (£224 per sq foot).
The average size of a house on FENTON CLOSE is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fenton Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sidlaw Avenue |
| Sep 2024 | Public order | Awaiting court outcome | On or near Sidlaw Avenue |
| Aug 2024 | Possession of weapons | Under investigation | On or near Sidlaw Avenue |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Sidlaw Avenue |