£192,837
This estimated value is based upon the latest sale price for the house of £156,000 on 10 May 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Burdon Close
More crime details
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| Price Paid | Date |
|---|---|
| £156,000 | 10 May 2019 |
| £120,000 | 22 Dec 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 May 2019 the House Price Index for COUNTY DURHAM was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £156,000 results in an estimated price of approximately £192,837.
| 10 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £156,000 | £36,837 | £192,837 |
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 | 66.941 % | £104,428 | £260,428 |
| 3 Month Average | 12.933 % | £20,175 | £176,175 |
| 6 Month Average | 4.038 % | £6,299 | £162,299 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £111,653 | £110,000 | 44 STEPHENSON WAY |
| 3 Nov 2023 | £170,525 | £168,000 | 7 MACMILLAN ROAD |
| 4 Aug 2023 | £127,112 | £126,000 | 23 BURDON CLOSE |
| 16 Jun 2023 | £118,435 | £117,000 | 19 MACMILLAN ROAD |
| 28 Feb 2023 | £77,948 | £78,000 | 11 LIGHTFOOT ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 25 Jan 2019. Using an estimated price of £192,837 means this house is valued at £1,785 per sq meter (£165 per sq foot).
The average size of a house on MACMILLAN ROAD is 98 sq meters (1,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Burdon Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lightfoot Road |
| Mar 2024 | Other theft | Under investigation | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |