£162,019
This estimated value is based upon the latest sale price for the house of £125,000 on 9 Mar 2017. 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 Bolton Close
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| Price Paid | Date |
|---|---|
| £125,000 | 9 Mar 2017 |
| £92,500 | 28 Nov 2003 |
| £48,500 | 2 May 1997 |
| £46,000 | 30 Jan 1997 |
| Terraced |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 March 2017 the House Price Index for DURHAM was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £125,000 results in an estimated price of approximately £162,019.
| 9 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £125,000 | £37,019 | £162,019 |
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 | 13.099 % | £16,374 | £141,374 |
| 3 Month Average | 22.647 % | £28,308 | £153,308 |
| 6 Month Average | 15.971 % | £19,964 | £144,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £339,339 | £335,000 | 28 OATLANDS WAY |
| 7 Jul 2023 | £162,183 | £160,000 | 3 HAVEN COURT |
| 2 Jun 2023 | £364,414 | £360,000 | 35 OATLANDS WAY |
| 25 Jul 2022 | £365,985 | £365,000 | 14 OATLANDS WAY |
| 7 Apr 2022 | £159,619 | £155,000 | 10 RYELANDS WAY |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 13 Sep 2013. Using an estimated price of £162,020 means this house is valued at £2,893 per sq meter (£268 per sq foot).
The average size of a house on KIRA DRIVE is 110 sq meters (1,186 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Bolton Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bolton Close |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Suffolk Way |