£95,638
This estimated value is based upon the latest sale price for the house of £95,000 on 17 Feb 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £95,000 | 17 Feb 2023 |
| £75,000 | 14 Aug 2020 |
| £78,000 | 27 Jan 2006 |
| £76,500 | 29 Jul 2005 |
| £35,000 | 24 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 February 2023 the House Price Index for DURHAM was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £95,000 results in an estimated price of approximately £95,638.
| 17 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £95,000 | £638 | £95,638 |
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 | -4.178 % | £-3,968 | £91,031 |
| 3 Month Average | 26.053 % | £24,750 | £119,750 |
| 6 Month Average | 0.909 % | £863 | £95,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £78,709 | £77,500 | 47 BISCOP CRESCENT |
| 3 Nov 2023 | £81,058 | £79,000 | 74 BISCOP CRESCENT |
| 20 Oct 2023 | £81,854 | £79,995 | 79 BISCOP CRESCENT |
| 22 Sep 2023 | £86,405 | £84,500 | 66 SHAFTO WAY |
| 27 Feb 2023 | £45,303 | £45,000 | 43 HATFIELD ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 27 Feb 2015. Using an estimated price of £95,639 means this house is valued at £1,275 per sq meter (£118 per sq foot).
The average size of a house on HEILD CLOSE is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Biscop Crescent |
| May 2024 | Other theft | Under investigation | On or near Biscop Crescent |
| Jul 2024 | Drugs | Under investigation | On or near Hatfield Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hatfield Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hatfield Road |