£70,931
This estimated value is based upon the latest sale price for the house of £57,000 on 28 Feb 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £57,000 | 28 Feb 2019 |
| £80,000 | 26 May 2006 |
| £67,000 | 31 Oct 2003 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 February 2019 the House Price Index for DURHAM was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £57,000 results in an estimated price of approximately £70,931.
| 28 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £57,000 | £13,931 | £70,931 |
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 | 36.590 % | £20,856 | £77,856 |
| 3 Month Average | 11.388 % | £6,491 | £63,491 |
| 6 Month Average | -1.258 % | £-717 | £56,282 |
| 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 90 sq meters or 968 sq feet when measured on 10 Apr 2020. Using an estimated price of £70,931 means this house is valued at £788 per sq meter (£73 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 |