£84,192
This estimated value is based upon the latest sale price for the house of £80,000 on 14 Jan 2022. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £80,000 | 14 Jan 2022 |
| £52,100 | 30 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 January 2022 the House Price Index for COUNTY DURHAM was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £80,000 results in an estimated price of approximately £84,192.
| 14 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £80,000 | £4,192 | £84,192 |
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 | 35.714 % | £28,571 | £108,571 |
| 3 Month Average | -10.281 % | £-8,224 | £71,775 |
| 6 Month Average | -5.610 % | £-4,488 | £75,511 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £121,803 | £120,000 | 9 BRECON CLOSE |
| 11 Jul 2023 | £93,255 | £92,000 | 31 PENDLE CLOSE |
| 30 Aug 2022 | £104,718 | £105,000 | 18 SNOWDON PLACE |
| 1 Jun 2022 | £82,161 | £81,000 | 39 BRECON CLOSE |
| 11 Feb 2022 | £78,652 | £75,000 | 5 PENDLE CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 23 Mar 2018. Using an estimated price of £84,193 means this house is valued at £925 per sq meter (£85 per sq foot).
The average size of a house on PENTLAND CLOSE is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Brecon Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brecon Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Brecon Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Brecon Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brecon Close |