£87,170
This estimated value is based upon the latest sale price for the house of £70,000 on 28 May 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £70,000 | 28 May 2019 |
| £81,000 | 19 May 2006 |
| £35,000 | 7 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 May 2019 the House Price Index for DURHAM was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £70,000 results in an estimated price of approximately £87,170.
| 28 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £70,000 | £17,170 | £87,170 |
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 | 27.237 % | £19,065 | £89,065 |
| 3 Month Average | 26.880 % | £18,815 | £88,815 |
| 6 Month Average | 4.912 % | £3,438 | £73,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £190,193 | £186,000 | 9 ST MARYS CLOSE |
| 30 Jun 2023 | £147,965 | £145,000 | 6 ST GEORGES CLOSE |
| 30 Jun 2023 | £125,515 | £123,000 | 43 GILPIN ROAD |
| 24 Jan 2023 | £90,241 | £90,000 | 2 PUDSEY WALK |
| 7 Oct 2022 | £106,644 | £107,000 | 10 ST GEORGES CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 4 Jul 2019. Using an estimated price of £87,170 means this house is valued at £1,103 per sq meter (£102 per sq foot).
There is one other house on the street which we know the size of, this is 4 SETON WALK it is 84.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Cargill Close | |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cargill Close |
| Jun 2024 | Anti-social behaviour | On or near Cargill Close | |
| Jun 2024 | Anti-social behaviour | On or near Cargill Close | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cargill Close |