£116,883
This estimated value is based upon the latest sale price for the house of £67,500 on 9 Jan 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £67,500 | 9 Jan 2012 |
| £34,000 | 17 Dec 1999 |
| £31,500 | 30 Jun 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 January 2012 the House Price Index for COUNTY DURHAM was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £67,500 results in an estimated price of approximately £116,883.
| 9 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £67,500 | £49,383 | £116,883 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 43.342 % | £29,255 | £96,755 |
| 3 Month Average | 38.031 % | £25,670 | £93,170 |
| 6 Month Average | 35.669 % | £24,076 | £91,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £161,402 | £160,000 | 69 BEK ROAD |
| 8 Dec 2023 | £98,012 | £95,000 | 52 FARNHAM ROAD |
| 19 Jun 2023 | £137,761 | £135,000 | 14 FORDHAM ROAD |
| 21 Apr 2023 | £152,808 | £149,950 | 88 BEK ROAD |
| 14 Oct 2022 | £68,770 | £69,000 | 20A FARNHAM CLOSE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 25 Oct 2014. Using an estimated price of £116,883 means this house is valued at £2,540 per sq meter (£236 per sq foot).
The average size of a house on FARNHAM CLOSE is 54 sq meters (590 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Farnham Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Farnham Road |
| Jul 2024 | Anti-social behaviour | On or near Farnham Road | |
| Jul 2024 | Anti-social behaviour | On or near Farnham Road | |
| Jul 2024 | Anti-social behaviour | On or near Farnham Road |