£129,763
This estimated value is based upon the latest sale price for the house of £105,000 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £105,000 | 13 Dec 2019 |
| £75,000 | 7 Jun 2005 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 December 2019 the House Price Index for DURHAM was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £105,000 results in an estimated price of approximately £129,763.
| 13 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £105,000 | £24,763 | £129,763 |
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 | -8.982 % | £-9,431 | £95,568 |
| 3 Month Average | 13.926 % | £14,621 | £119,621 |
| 6 Month Average | 2.407 % | £2,527 | £107,527 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £123,125 | £120,000 | 9 BRECON CLOSE |
| 2 Jun 2023 | £153,016 | £149,950 | 31 GIRTON CLOSE |
| 21 Apr 2023 | £217,060 | £213,000 | 2 GIRTON CLOSE |
| 1 Jun 2022 | £82,769 | £81,000 | 39 BRECON CLOSE |
| 11 Feb 2022 | £79,234 | £75,000 | 5 PENDLE CLOSE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 9 Apr 2019. Using an estimated price of £129,764 means this house is valued at £1,297 per sq meter (£120 per sq foot).
The average size of a house on BRECON CLOSE is 103 sq meters (1,112 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pentland Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pentland Close |
| Jul 2024 | Anti-social behaviour | On or near Pentland Close | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pentland Close |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Pentland Close |