£214,417
This estimated value is based upon the latest sale price for the house of £176,500 on 30 Aug 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £176,500 | 30 Aug 2019 |
| £175,000 | 25 Oct 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 August 2019 the House Price Index for COUNTY DURHAM was 120.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.483%.Applying this 21.483% change to the original purchase price of £176,500 results in an estimated price of approximately £214,417.
| 30 Aug 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 146.7 | 21.483 % | £176,500 | £37,917 | £214,417 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 5.785 % | £10,210 | £186,710 |
| 3 Month Average | -2.406 % | £-4,246 | £172,253 |
| 6 Month Average | 4.172 % | £7,363 | £183,863 |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 15 Aug 2019.
The average size of a house on BISHOPS CLOSE is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Bishops Close |
| Feb 2024 | Burglary | Under investigation | On or near The Links |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near The Links |
| Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near The Links |
| Feb 2024 | Public order | Under investigation | On or near Shopping Area |