£175,597
This estimated value is based upon the latest sale price for the house of £145,000 on 16 Jun 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £145,000 | 16 Jun 2020 |
| £63,000 | 12 Oct 2000 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 June 2020 the House Price Index for DURHAM was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £145,000 results in an estimated price of approximately £175,597.
| 16 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £145,000 | £30,597 | £175,597 |
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 | -14.803 % | £-21,464 | £123,535 |
| 3 Month Average | 11.673 % | £16,926 | £161,926 |
| 6 Month Average | 3.311 % | £4,801 | £149,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £112,988 | £112,000 | 7 FALLOW ROAD |
| 11 Aug 2023 | £250,189 | £248,000 | 14 LOWTHER DRIVE |
| 21 Jul 2023 | £139,832 | £137,950 | 2 STAG LANE |
| 27 Jan 2023 | £159,250 | £160,000 | 27 BAMBURGH CRESCENT |
| 24 Nov 2022 | £232,188 | £235,000 | 9 HELMSLEY COURT |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 26 Sep 2019. Using an estimated price of £175,597 means this house is valued at £2,310 per sq meter (£214 per sq foot).
The average size of a house on BARNARD CLOSE is 171 sq meters (1,840 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Brancepeth Close | |
| Feb 2024 | Anti-social behaviour | On or near Brancepeth Close | |
| Feb 2024 | Anti-social behaviour | On or near Brancepeth Close | |
| Feb 2024 | Anti-social behaviour | On or near Brancepeth Close | |
| Feb 2024 | Anti-social behaviour | On or near Stag Lane |