£164,944
This estimated value is based upon the latest sale price for the house of £135,000 on 19 Dec 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Malvern Close
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| Price Paid | Date |
|---|---|
| £135,000 | 19 Dec 2019 |
| £57,000 | 26 Jun 1998 |
| £53,000 | 30 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £135,000 results in an estimated price of approximately £164,944.
| 19 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £135,000 | £29,944 | £164,944 |
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 | -11.102 % | £-14,988 | £120,011 |
| 3 Month Average | 4.805 % | £6,486 | £141,486 |
| 6 Month Average | 0.415 % | £560 | £135,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £185,380 | £183,000 | 14 SHREWSBURY CLOSE |
| 17 Nov 2023 | £86,105 | £85,000 | 27 MALVERN CLOSE |
| 25 Aug 2023 | £155,948 | £155,000 | 13 DINTING CLOSE |
| 18 Aug 2023 | £218,831 | £217,500 | 5 DINTING CLOSE |
| 11 Jul 2023 | £92,879 | £92,000 | 31 PENDLE CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 28 Nov 2013. Using an estimated price of £164,945 means this house is valued at £1,917 per sq meter (£178 per sq foot).
The average size of a house on DINTING CLOSE is 107 sq meters (1,156 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Malvern Close |
| Apr 2024 | Other theft | Under investigation | On or near Malvern Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Malvern Close |
| Apr 2024 | Shoplifting | Further investigation is not in the public interest | On or near Malvern Close |
| Apr 2024 | Shoplifting | Further investigation is not in the public interest | On or near Malvern Close |