£130,581
This estimated value is based upon the latest sale price for the house of £75,000 on 4 Dec 2009. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £75,000 | 4 Dec 2009 |
| £35,500 | 22 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 832 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 December 2009 the House Price Index for COUNTY DURHAM was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £75,000 results in an estimated price of approximately £130,581.
| 4 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £75,000 | £55,581 | £130,581 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | -4.512 % | £-3,383 | £71,616 |
| 3 Month Average | 21.159 % | £15,869 | £90,869 |
| 6 Month Average | 7.016 % | £5,261 | £80,261 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £90,788 | £90,000 | 16 MERZ ROAD |
| 16 Nov 2023 | £107,735 | £105,000 | 23 BUTLER ROAD |
| 10 Nov 2023 | £89,779 | £87,500 | 9 TUNSTALL ROAD |
| 8 Nov 2023 | £110,813 | £108,000 | 6 RITSON ROAD |
| 26 Aug 2022 | £120,564 | £120,000 | 9 EBBA CLOSE |
This house has a floor area of 77 sq meters or 832 sq feet when measured on 2 Apr 2009. Using an estimated price of £130,582 means this house is valued at £1,689 per sq meter (£156 per sq foot).
The average size of a house on CASTLEREAGH CLOSE is 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Castlereagh Close |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Castlereagh Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Castlereagh Close |
| Jul 2024 | Anti-social behaviour | On or near Butler Road | |
| Jul 2024 | Anti-social behaviour | On or near Butler Road |