£183,966
This estimated value is based upon the latest sale price for the house of £150,000 on 15 Nov 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £150,000 | 15 Nov 2019 |
| £167,000 | 8 Dec 2006 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2019 the House Price Index for DURHAM was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £150,000 results in an estimated price of approximately £183,966.
| 15 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £150,000 | £33,966 | £183,966 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 25.061 % | £37,591 | £187,591 |
| 3 Month Average | 21.104 % | £31,655 | £181,655 |
| 6 Month Average | 17.985 % | £26,977 | £176,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £131,147 | £130,000 | 8 HORTON CLOSE |
| 24 Feb 2023 | £69,953 | £70,000 | 12 PERCY TERRACE |
| 3 Feb 2023 | £169,886 | £170,000 | 4 HORTON CLOSE |
| 16 Jan 2023 | £71,662 | £72,000 | 1 PERCY TERRACE |
| 12 Aug 2022 | £69,812 | £70,000 | 9 PERCY TERRACE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 20 Aug 2019. Using an estimated price of £183,967 means this house is valued at £2,271 per sq meter (£211 per sq foot).
The average size of a house on BAINBRIDGE CLOSE is 133 sq meters (1,436 sq feet).
This house is the smallest in the street with a floor area of 81 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bainbridge Close |
| Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Delves Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ramsay Terrace |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Delves Lane |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Delves Lane |