£92,932
This estimated value is based upon the latest sale price for the house of £60,000 on 8 Aug 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Malvern Close
More crime details
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| Price Paid | Date |
|---|---|
| £60,000 | 8 Aug 2007 |
| £242,500 | 1 Jul 2002 |
| £160,500 | 29 Mar 1996 |
| Detached |
| Freehold |
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 August 2007 the House Price Index for DURHAM was 94.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 54.887%.Applying this 54.887% change to the original purchase price of £60,000 results in an estimated price of approximately £92,932.
| 8 Aug 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 146.7 | 54.887 % | £60,000 | £32,932 | £92,932 |
The Postcode Pricing Model uses changes in average sales price within the DL2 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 | 26.815 % | £16,088 | £76,088 |
| 3 Month Average | 16.836 % | £10,101 | £70,101 |
| 6 Month Average | 23.602 % | £14,161 | £74,161 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malvern Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malvern Close |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Malvern Close |
| Feb 2024 | Other crime | Action to be taken by another organisation | On or near Coach Lane |
| Mar 2024 | Anti-social behaviour | On or near Crossfield Close |