£134,722
This estimated value is based upon the latest sale price for the house of £133,000 on 1 Sep 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Spooner Close
More crime details
Get our free house price tracker.
Price Paid | Date |
---|---|
£133,000 | 1 Sep 2023 |
£113,500 | 7 Aug 2020 |
£113,000 | 29 May 2015 |
£49,700 | 2 Jun 2000 |
Semi-Detached |
Freehold |
Floor Area: 55 sq meters or 592 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 September 2023 the House Price Index for DURHAM was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £133,000 results in an estimated price of approximately £134,722.
1 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 148.6 | 1.295 % | £133,000 | £1,722 | £134,722 |
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 | 8.434 % | £11,217 | £144,217 |
3 Month Average | 1.388 % | £1,845 | £134,845 |
6 Month Average | -6.833 % | £-9,088 | £123,911 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £134,723 | £133,000 | 5 RADDIVE CLOSE |
21 Jul 2023 | £209,824 | £207,000 | 39 ALVERTON DRIVE |
21 Apr 2023 | £277,993 | £275,000 | 23 ALVERTON DRIVE |
13 Feb 2023 | £204,862 | £205,000 | 43 ALVERTON DRIVE |
9 Sep 2022 | £143,838 | £145,000 | 5 TEMPLE WAY |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 31 Mar 2015. Using an estimated price of £134,723 means this house is valued at £2,449 per sq meter (£227 per sq foot).
The average size of a house on RADDIVE CLOSE is 76 sq meters (822 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Spooner Close |
Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Gamul Close |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gamul Close |
Feb 2024 | Violence and sexual offences | Local resolution | On or near Chestnut Way |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chestnut Way |