£288,423
This estimated value is based upon the latest sale price for the house of £235,000 on 2 Oct 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £235,000 | 2 Oct 2018 |
| £200,000 | 17 Jan 2014 |
| £206,995 | 16 Dec 2005 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 October 2018 the House Price Index for DURHAM was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.733%.Applying this 22.733% change to the original purchase price of £235,000 results in an estimated price of approximately £288,423.
| 2 Oct 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.733 % | £235,000 | £53,423 | £288,423 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 27.267 % | £64,077 | £299,077 |
| 3 Month Average | 11.679 % | £27,445 | £262,445 |
| 6 Month Average | 16.757 % | £39,379 | £274,379 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £134,730 | £133,000 | 38 LANGDON CLOSE |
| 3 Apr 2023 | £274,037 | £272,000 | 87 LANGDON CLOSE |
| 31 Mar 2023 | £122,160 | £121,500 | 46 LANGDON CLOSE |
| 30 Jan 2023 | £148,644 | £149,950 | 42 LANGDON CLOSE |
| 28 Jan 2022 | £110,057 | £105,000 | 57 LANGDON CLOSE |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 28 Mar 2013. Using an estimated price of £288,423 means this house is valued at £2,152 per sq meter (£199 per sq foot).
The average size of a house on LANGDON CLOSE is 117 sq meters (1,265 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Langdon Close |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Langdon Close |
| Jan 2024 | Drugs | Further investigation is not in the public interest | On or near Langdon Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdon Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Millfield |