£57,862
This estimated value is based upon the latest sale price for the house of £47,500 on 27 Jul 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£47,500 | 27 Jul 2020 |
£68,000 | 16 Nov 2005 |
£19,000 | 17 Nov 2000 |
Terraced |
Freehold |
Floor Area: 48 sq meters or 516 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 July 2020 the House Price Index for DURHAM was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £47,500 results in an estimated price of approximately £57,862.
27 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £47,500 | £10,362 | £57,862 |
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 | -11.090 % | £-5,267 | £42,232 |
3 Month Average | 13.371 % | £6,351 | £53,851 |
6 Month Average | -0.608 % | £-288 | £47,211 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £128,928 | £126,000 | 29 KESTREL COURT |
11 Sep 2023 | £125,773 | £123,000 | 16 KESTREL COURT |
24 Aug 2023 | £62,375 | £61,250 | 22 BAKEWELL PLACE |
18 Aug 2023 | £69,249 | £68,000 | 288 HEDLEY CLOSE |
24 Feb 2023 | £70,471 | £70,000 | 78 BATES CLOSE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 21 May 2020. Using an estimated price of £57,862 means this house is valued at £1,205 per sq meter (£111 per sq foot).
The average size of a house on HEDLEY CLOSE is 111 sq meters (1,195 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sid Chaplin Drive |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sid Chaplin Drive |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sid Chaplin Drive |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Sid Chaplin Drive |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Sid Chaplin Drive |