£59,777
This estimated value is based upon the latest sale price for the house of £45,000 on 28 Sep 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £45,000 | 28 Sep 2016 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 September 2016 the House Price Index for COUNTY DURHAM was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £45,000 results in an estimated price of approximately £59,777.
| 28 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £45,000 | £14,777 | £59,777 |
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 | 1.357 % | £610 | £45,610 |
| 3 Month Average | -0.460 % | £-206 | £44,793 |
| 6 Month Average | 13.062 % | £5,877 | £50,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £78,371 | £77,000 | 13 HOVINGHAM CLOSE |
| 1 Dec 2023 | £51,908 | £51,000 | 12 ESKDALE WALK |
| 22 Sep 2023 | £53,686 | £53,000 | 23 DUDDON CLOSE |
| 1 Sep 2023 | £53,079 | £52,400 | 26 GRISEDALE ROAD |
| 27 Jul 2023 | £61,832 | £61,000 | 9 KILNHILL WALK |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 12 Apr 2016. Using an estimated price of £59,778 means this house is valued at £766 per sq meter (£71 per sq foot).
The average size of a house on TORVER CLOSE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Eskdale Walk |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Eskdale Walk |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Eskdale Walk |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdale Place |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Burdon Place |