£171,407
This estimated value is based upon the latest sale price for the house of £140,500 on 11 Jun 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £140,500 | 11 Jun 2020 |
| £73,950 | 2 Nov 2001 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 June 2020 the House Price Index for DURHAM was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £140,500 results in an estimated price of approximately £171,407.
| 11 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £140,500 | £30,907 | £171,407 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 28.467 % | £39,996 | £180,496 |
| 3 Month Average | 23.379 % | £32,847 | £173,347 |
| 6 Month Average | 10.465 % | £14,703 | £155,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £63,909 | £62,500 | 70 STATION ROAD |
| 2 Aug 2023 | £91,144 | £89,500 | 27 MILTON CLOSE |
| 28 Apr 2023 | £79,996 | £78,500 | 14 MILTON CLOSE |
| 19 Aug 2022 | £65,305 | £65,000 | 19 CLARA STREET |
| 19 May 2022 | £123,210 | £120,000 | 7 ST ALDWYN ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 20 Nov 2013. Using an estimated price of £171,407 means this house is valued at £2,414 per sq meter (£224 per sq foot).
The average size of a house on HAMBLETON DRIVE is 85 sq meters (917 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Hambleton Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clara Street |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Milton Close |
| Oct 2024 | Other theft | Under investigation | On or near Milton Close |
| Sep 2024 | Anti-social behaviour | On or near Nelson Street |