£130,230
This estimated value is based upon the latest sale price for the house of £75,000 on 22 Dec 2011. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£75,000 | 22 Dec 2011 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 966 sq feet |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in December 2011 the House Price Index for COUNTY DURHAM was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £75,000 results in an estimated price of approximately £130,230.
22 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £75,000 | £55,230 | £130,230 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -8.085 % | £-6,064 | £68,935 |
3 Month Average | 2.193 % | £1,645 | £76,645 |
6 Month Average | -18.149 % | £-13,612 | £61,387 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £81,058 | £79,000 | 9 BLACKDOWN CLOSE |
30 Aug 2022 | £105,493 | £105,000 | 18 SNOWDON PLACE |
11 Feb 2022 | £79,234 | £75,000 | 5 PENDLE CLOSE |
28 Jan 2022 | £95,418 | £90,000 | 22 BLACKDOWN CLOSE |
14 Jan 2022 | £84,816 | £80,000 | 1 PENTLAND CLOSE |
This house has a floor area of 89 sq meters or 966 sq feet when measured on 28 Mar 2011. Using an estimated price of £130,231 means this house is valued at £1,450 per sq meter (£134 per sq foot).
The average size of a house on POLDEN CLOSE is 96 sq meters (1,039 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackdown Close |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackdown Close |
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Blackdown Close |
Sep 2024 | Violence and sexual offences | Offender given a caution | On or near Blackdown Close |
Aug 2024 | Anti-social behaviour | On or near Blackdown Close |