£77,673
This estimated value is based upon the latest sale price for the house of £59,441 on 20 Jan 2017. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£59,441 | 20 Jan 2017 |
£100,000 | 23 May 2008 |
£128,500 | 22 Sep 2006 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 635 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 January 2017 the House Price Index for DURHAM was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £59,441 results in an estimated price of approximately £77,673.
20 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 148.6 | 30.673 % | £59,441 | £18,232 | £77,673 |
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 | 41.613 % | £24,735 | £84,176 |
3 Month Average | 14.291 % | £8,494 | £67,935 |
6 Month Average | 6.428 % | £3,820 | £63,261 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Aug 2023 | £61,538 | £61,000 | 7 FARNHAM CLOSE |
23 Jun 2023 | £159,431 | £157,500 | 29 PEMBERTON ROAD |
24 Mar 2023 | £116,094 | £115,000 | 5 BROOK CLOSE |
12 Aug 2022 | £121,174 | £121,500 | 5 PEMBERTON ROAD |
29 Jul 2022 | £135,114 | £134,750 | 7 CHILLINGHAM GROVE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 28 Sep 2019. Using an estimated price of £77,673 means this house is valued at £1,316 per sq meter (£122 per sq foot).
The average size of a house on VILLAGE CLOSE is 84 sq meters (913 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (635 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Farnham Close |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Beaumont Close |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beaumont Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Beaumont Close |
Apr 2024 | Anti-social behaviour | On or near Brancepeth Close |