£149,171
This estimated value is based upon the latest sale price for the house of £130,500 on 9 Dec 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £130,500 | 9 Dec 2020 |
| Semi-Detached |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 December 2020 the House Price Index for COUNTY DURHAM was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £130,500 results in an estimated price of approximately £149,171.
| 9 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £130,500 | £18,671 | £149,171 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -15.451 % | £-20,163 | £110,336 |
| 3 Month Average | -8.858 % | £-11,559 | £118,940 |
| 6 Month Average | -13.981 % | £-18,245 | £112,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £122,314 | £120,000 | 5 BURDON CRESCENT |
| 5 Apr 2023 | £297,209 | £295,000 | 29 LEECHMERE CRESCENT |
| 4 Apr 2023 | £90,674 | £90,000 | 41 GREGSON TERRACE |
| 7 Feb 2023 | £81,614 | £82,000 | 23 LEECHMERE CRESCENT |
| 28 Nov 2022 | £457,580 | £465,000 | 11 FIELD HOUSE FARM |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 10 Jun 2021. Using an estimated price of £149,172 means this house is valued at £1,864 per sq meter (£173 per sq foot).
The average size of a house on BURDON CRESCENT is 93 sq meters (1,009 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hoy Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Field House Farm |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gregson Terrace |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gregson Terrace |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gregson Terrace |