£52,791
This estimated value is based upon the latest sale price for the house of £35,000 on 6 Nov 2014. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£35,000 | 6 Nov 2014 |
£38,000 | 3 Sep 2003 |
£11,000 | 30 May 2001 |
£11,000 | 10 Nov 2000 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,011 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 2014 the House Price Index for DURHAM was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £35,000 results in an estimated price of approximately £52,791.
6 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 149.7 | 50.833 % | £35,000 | £17,791 | £52,791 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | 51.052 % | £17,868 | £52,868 |
3 Month Average | 38.550 % | £13,492 | £48,492 |
6 Month Average | 28.776 % | £10,071 | £45,071 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £119,841 | £118,000 | 1 WESLEY COURT |
6 Nov 2023 | £107,735 | £105,000 | 58 FINES PARK |
6 Oct 2023 | £72,650 | £71,000 | 5 WESLEY COURT |
13 Sep 2023 | £88,450 | £86,500 | 16 FROSTERLEY GARDENS |
12 Apr 2023 | £57,067 | £56,000 | 7 ANTLIFF TERRACE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 13 Jun 2016. Using an estimated price of £52,791 means this house is valued at £561 per sq meter (£52 per sq foot).
The average size of a house on CLOWES TERRACE is 92 sq meters (999 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Fines Park Court | |
Aug 2024 | Anti-social behaviour | On or near Fines Park Court | |
Aug 2024 | Anti-social behaviour | On or near Fines Park Court | |
Aug 2024 | Anti-social behaviour | On or near Fines Park Court | |
Aug 2024 | Anti-social behaviour | On or near Fines Park Court |