£323,937
This estimated value is based upon the latest sale price for the house of £220,000 on 5 Dec 2014. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £220,000 | 5 Dec 2014 |
| £211,000 | 1 Jun 2007 |
| £119,950 | 26 Apr 2002 |
| £97,500 | 8 May 1998 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,179 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 December 2014 the House Price Index for DURHAM was 99.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.244%.Applying this 47.244% change to the original purchase price of £220,000 results in an estimated price of approximately £323,937.
| 5 Dec 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 146.7 | 47.244 % | £220,000 | £103,937 | £323,937 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | -17.438 % | £-38,364 | £181,635 |
| 3 Month Average | 9.836 % | £21,639 | £241,639 |
| 6 Month Average | 18.856 % | £41,482 | £261,482 |
This house has a floor area of 109 sq meters or 1,179 sq feet when measured on 13 Jul 2011.
The average size of a house on MUIRFIELD CLOSE is 115 sq meters (1,244 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Queen'S Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Briar Mews |
| Dec 2023 | Other theft | Under investigation | On or near Durham Road |
| Dec 2023 | Anti-social behaviour | On or near A691 |