£271,724
This estimated value is based upon the latest sale price for the house of £214,000 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £214,000 | 28 Jul 2017 |
| £102,500 | 29 Sep 2000 |
| Detached |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 July 2017 the House Price Index for DURHAM was 116.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.974%.Applying this 26.974% change to the original purchase price of £214,000 results in an estimated price of approximately £271,724.
| 28 Jul 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.0 | 26.974 % | £214,000 | £57,724 | £271,724 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | -80.892 % | £-173,107 | £40,892 |
| 3 Month Average | -5.584 % | £-11,949 | £202,050 |
| 6 Month Average | 9.348 % | £20,005 | £234,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £297,817 | £295,000 | 15 DENWICK CLOSE |
| 21 Apr 2023 | £294,187 | £292,000 | 56 WARKWORTH DRIVE |
| 25 Nov 2022 | £511,702 | £520,000 | 16 DENWICK CLOSE |
| 21 Jan 2022 | £434,986 | £415,000 | 3 DENWICK CLOSE |
| 3 Sep 2021 | £461,494 | £430,000 | 19 DENWICK CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 24 Feb 2017. Using an estimated price of £271,725 means this house is valued at £3,995 per sq meter (£371 per sq foot).
The average size of a house on DENWICK CLOSE is 151 sq meters (1,629 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beadnell Close |
| Feb 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near Aberwick Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Portland Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portland Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brandon Close |