£93,844
This estimated value is based upon the latest sale price for the house of £75,000 on 22 Sep 2017. 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 Thornes Close
More crime details
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| Price Paid | Date |
|---|---|
| £75,000 | 22 Sep 2017 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 September 2017 the House Price Index for COUNTY DURHAM was 117.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.126%.Applying this 25.126% change to the original purchase price of £75,000 results in an estimated price of approximately £93,844.
| 22 Sep 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 146.7 | 25.126 % | £75,000 | £18,844 | £93,844 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -3.127 % | £-2,345 | £72,654 |
| 3 Month Average | -2.773 % | £-2,079 | £72,920 |
| 6 Month Average | 16.855 % | £12,641 | £87,641 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 7 Jun 2017.
The average size of a house on THORNES CLOSE is 138 sq meters (1,490 sq feet).
This house is the smallest in the street with a floor area of 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Thornes Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Delavale Close |
| Jan 2024 | Drugs | Further investigation is not in the public interest | On or near Delavale Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Delavale Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Delavale Close |