£388,720
This estimated value is based upon the latest sale price for the house of £244,995 on 28 Jun 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£244,995 | 28 Jun 2007 |
Detached |
Freehold |
Floor Area: 124 sq meters or 1,345 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 June 2007 the House Price Index for DURHAM was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £244,995 results in an estimated price of approximately £388,720.
28 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 148.6 | 58.665 % | £244,995 | £143,725 | £388,720 |
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 | 24.161 % | £59,192 | £304,187 |
3 Month Average | 5.552 % | £13,602 | £258,597 |
6 Month Average | 5.729 % | £14,036 | £259,031 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £243,108 | £240,000 | 34 HAMILTON CLOSE |
28 Jul 2023 | £131,774 | £130,000 | 12 BOUSFIELD CRESCENT |
10 Jul 2023 | £172,319 | £170,000 | 14 HAMILTON CLOSE |
21 Apr 2023 | £129,039 | £127,650 | 2 ELSTOB CLOSE |
28 Jul 2022 | £281,758 | £281,000 | 33 HAMILTON CLOSE |
This house has a floor area of 124 sq meters or 1,345 sq feet when measured on 3 Feb 2009. Using an estimated price of £388,720 means this house is valued at £3,110 per sq meter (£288 per sq foot).
The average size of a house on HAMILTON CLOSE is 110 sq meters (1,191 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hamilton Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sanderson Close |
Feb 2024 | Burglary | Under investigation | On or near Kendrew Close |
Feb 2024 | Anti-social behaviour | On or near Henson Grove | |
Feb 2024 | Anti-social behaviour | On or near Henson Grove |