£312,969
This estimated value is based upon the latest sale price for the house of £230,000 on 18 Mar 2016. This value is then adjusted by the current Official House Price Index for DURHAM 1
There have been two burglaries within the last year on or near Cleveland Court
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| Price Paid | Date |
|---|---|
| £230,000 | 18 Mar 2016 |
| £169,950 | 5 Aug 2005 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 March 2016 the House Price Index for DURHAM was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £230,000 results in an estimated price of approximately £312,969.
| 18 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £230,000 | £82,969 | £312,969 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | 11.506 % | £26,463 | £256,463 |
| 3 Month Average | 30.204 % | £69,468 | £299,468 |
| 6 Month Average | 0.648 % | £1,491 | £231,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £142,185 | £140,000 | 8 DUNCOMBE BANK |
| 24 Nov 2023 | £143,595 | £139,950 | 16 CORSCOMBE CLOSE |
| 10 Nov 2023 | £61,101 | £59,550 | 20 DUNCOMBE TERRACE |
| 29 Sep 2023 | £76,691 | £75,000 | 3 GLADSTONE TERRACE |
| 9 Jun 2023 | £66,839 | £65,500 | 9 GLADSTONE TERRACE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 2 Nov 2012. Using an estimated price of £312,969 means this house is valued at £2,652 per sq meter (£246 per sq foot).
The average size of a house on DUNCOMBE BANK is 118 sq meters (1,271 sq feet).
This house is the largest in the street with a floor area of 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Cleveland Court |
| Oct 2024 | Burglary | Under investigation | On or near Cleveland Court |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Babbacombe Drive |
| Aug 2024 | Anti-social behaviour | On or near Corscombe Close | |
| Aug 2024 | Anti-social behaviour | On or near Corscombe Close |