£177,268
This estimated value is based upon the latest sale price for the house of £54,950 on 30 Nov 2001. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £54,950 | 30 Nov 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,072 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 November 2001 the House Price Index for DURHAM was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £54,950 results in an estimated price of approximately £177,268.
| 30 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £54,950 | £122,318 | £177,268 |
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 | 117.793 % | £64,727 | £119,677 |
| 3 Month Average | 164.227 % | £90,242 | £145,192 |
| 6 Month Average | 131.724 % | £72,382 | £127,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £106,638 | £105,000 | 8 FOWLER ROAD |
| 3 Nov 2023 | £82,084 | £80,000 | 1 WARBURTON CLOSE |
| 8 Aug 2023 | £79,433 | £78,000 | 12 ARROWSMITH SQUARE |
| 13 Mar 2023 | £116,953 | £115,000 | 17 FOWLER ROAD |
| 24 Aug 2022 | £82,385 | £82,000 | 4 LIDDELL CLOSE |
This house has a floor area of 99 sq meters or 1,072 sq feet when measured on 15 Nov 2011. Using an estimated price of £177,268 means this house is valued at £1,779 per sq meter (£165 per sq foot).
The average size of a house on WARBURTON CLOSE is 103 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warburton Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fowler Road |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Fowler Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mellanby Crescent |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mellanby Crescent |