£1,186,184
This estimated value is based upon the latest sale price for the house of £195,000 on 12 Oct 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£195,000 | 12 Oct 2023 |
£177,000 | 17 Dec 2021 |
£120,000 | 9 Jan 2004 |
£74,995 | 18 Dec 2001 |
£65,000 | 4 Aug 1997 |
Detached |
Freehold |
Floor Area: 101 sq meters or 1,087 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 October 2023 the House Price Index for DURHAM was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £195,000 results in an estimated price of approximately £1,186,184.
12 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 148.6 | 508.300 % | £195,000 | £991,184 | £1,186,184 |
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 | -7.036 % | £-13,720 | £181,279 |
3 Month Average | 5.222 % | £10,182 | £205,182 |
6 Month Average | -6.985 % | £-13,621 | £181,378 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £147,179 | £145,000 | 5 RUSHYFORD COURT |
22 Sep 2023 | £202,590 | £200,000 | 12 GRINDON COURT |
1 Sep 2023 | £133,710 | £132,000 | 11 RUSHYFORD COURT |
29 Mar 2023 | £217,045 | £215,000 | 8 LAYTON COURT |
30 Sep 2022 | £133,919 | £135,000 | 7 LAYTON COURT |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 4 Aug 2021.
The average size of a house on BRAFFERTON CLOSE is 97 sq meters (1,054 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Brafferton Close |
Feb 2024 | Anti-social behaviour | On or near Whitton Court | |
Feb 2024 | Anti-social behaviour | On or near Whitton Court | |
Feb 2024 | Anti-social behaviour | On or near Whitton Court | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Glade |