£87,001
This estimated value is based upon the latest sale price for the house of £68,500 on 4 Aug 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Burdon Close
More crime details
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| Price Paid | Date |
|---|---|
| £68,500 | 4 Aug 2017 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 August 2017 the House Price Index for COUNTY DURHAM was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £68,500 results in an estimated price of approximately £87,001.
| 4 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £68,500 | £18,501 | £87,001 |
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 | 41.340 % | £28,318 | £96,818 |
| 3 Month Average | 16.881 % | £11,563 | £80,063 |
| 6 Month Average | 15.732 % | £10,776 | £79,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £111,653 | £110,000 | 44 STEPHENSON WAY |
| 3 Nov 2023 | £170,525 | £168,000 | 7 MACMILLAN ROAD |
| 4 Aug 2023 | £127,112 | £126,000 | 23 BURDON CLOSE |
| 16 Jun 2023 | £118,435 | £117,000 | 19 MACMILLAN ROAD |
| 8 Jun 2023 | £91,104 | £90,000 | 10 MARSHALL ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 17 Mar 2017. Using an estimated price of £87,001 means this house is valued at £1,359 per sq meter (£126 per sq foot).
The average size of a house on BURDON CLOSE is 89 sq meters (961 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Burdon Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lightfoot Road |
| Apr 2024 | Anti-social behaviour | On or near Ebba Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ebba Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ebba Close |