£106,672
This estimated value is based upon the latest sale price for the house of £65,000 on 15 Feb 2007. 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 Newark Close
More crime details
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Price Paid | Date |
---|---|
£65,000 | 15 Feb 2007 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 696 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 February 2007 the House Price Index for DURHAM was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £65,000 results in an estimated price of approximately £106,672.
15 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.2 | 149.7 | 64.111 % | £65,000 | £41,672 | £106,672 |
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 | -33.779 % | £-21,956 | £43,043 |
3 Month Average | -26.900 % | £-17,485 | £47,514 |
6 Month Average | -20.536 % | £-13,348 | £51,651 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £92,029 | £90,000 | 20 KEMP ROAD |
7 Sep 2023 | £61,352 | £60,000 | 63 BASINGSTOKE ROAD |
16 Jun 2023 | £83,677 | £82,000 | 29 BEVERLEY WAY |
14 Apr 2023 | £73,372 | £72,000 | 21 HERTON CLOSE |
3 Feb 2023 | £65,437 | £65,000 | 29 HERTON CLOSE |
This house has a floor area of 64 sq meters or 696 sq feet when measured on 25 Oct 2010. Using an estimated price of £106,672 means this house is valued at £1,648 per sq meter (£153 per sq foot).
The average size of a house on BASINGSTOKE ROAD is 81 sq meters (871 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (696 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Newark Close | |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Newark Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newark Close |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Newark Close |
Jun 2024 | Robbery | Unable to prosecute suspect | On or near Newark Close |