£150,356
This estimated value is based upon the latest sale price for the house of £89,000 on 17 Nov 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £89,000 | 17 Nov 2006 |
| £36,950 | 12 May 2000 |
| Detached |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 November 2006 the House Price Index for DURHAM was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £89,000 results in an estimated price of approximately £150,356.
| 17 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.940 % | £89,000 | £61,356 | £150,356 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 3.391 % | £3,018 | £92,018 |
| 3 Month Average | 18.612 % | £16,564 | £105,564 |
| 6 Month Average | 15.813 % | £14,073 | £103,073 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £161,402 | £160,000 | 69 BEK ROAD |
| 8 Dec 2023 | £98,012 | £95,000 | 52 FARNHAM ROAD |
| 19 Jun 2023 | £137,761 | £135,000 | 14 FORDHAM ROAD |
| 21 Apr 2023 | £152,808 | £149,950 | 88 BEK ROAD |
| 14 Oct 2022 | £68,770 | £69,000 | 20A FARNHAM CLOSE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 25 Oct 2014. Using an estimated price of £150,356 means this house is valued at £3,268 per sq meter (£303 per sq foot).
The average size of a house on FARNHAM CLOSE is 54 sq meters (590 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Farnham Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Farnham Road |
| Jul 2024 | Anti-social behaviour | On or near Farnham Road | |
| Jul 2024 | Anti-social behaviour | On or near Farnham Road | |
| Jul 2024 | Anti-social behaviour | On or near Farnham Road |