£145,622
This estimated value is based upon the latest sale price for the house of £117,000 on 21 Jun 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£117,000 | 21 Jun 2019 |
£99,000 | 20 May 2005 |
£41,000 | 17 May 2002 |
£35,000 | 25 Feb 2000 |
£33,000 | 19 Apr 1996 |
Semi-Detached |
Freehold |
Floor Area: 52 sq meters or 564 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 June 2019 the House Price Index for DURHAM was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £117,000 results in an estimated price of approximately £145,622.
21 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.463 % | £117,000 | £28,622 | £145,622 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | -11.677 % | £-13,662 | £103,337 |
3 Month Average | 22.577 % | £26,415 | £143,415 |
6 Month Average | 5.720 % | £6,691 | £123,691 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £126,950 | £125,000 | 10 VILLAGE CLOSE |
3 Aug 2023 | £62,120 | £61,000 | 7 FARNHAM CLOSE |
23 Jun 2023 | £160,721 | £157,500 | 29 PEMBERTON ROAD |
24 Mar 2023 | £116,953 | £115,000 | 5 BROOK CLOSE |
12 Aug 2022 | £122,071 | £121,500 | 5 PEMBERTON ROAD |
This house has a floor area of 52 sq meters or 564 sq feet when measured on 1 Jul 2009. Using an estimated price of £145,622 means this house is valued at £2,779 per sq meter (£258 per sq foot).
The average size of a house on PEMBERTON ROAD is 71 sq meters (765 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farnham Close |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Beaumont Close |
Apr 2024 | Anti-social behaviour | On or near Brancepeth Close | |
Apr 2024 | Anti-social behaviour | On or near Brancepeth Close | |
Apr 2024 | Anti-social behaviour | On or near Brancepeth Close |