£163,448
This estimated value is based upon the latest sale price for the house of £110,000 on 10 Sep 2014. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £110,000 | 10 Sep 2014 |
| £135,995 | 18 Dec 2007 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 September 2014 the House Price Index for DURHAM was 98.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 48.589%.Applying this 48.589% change to the original purchase price of £110,000 results in an estimated price of approximately £163,448.
| 10 Sep 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 146.7 | 48.589 % | £110,000 | £53,448 | £163,448 |
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 | -27.836 % | £-30,619 | £79,380 |
| 3 Month Average | 6.100 % | £6,710 | £116,710 |
| 6 Month Average | 6.217 % | £6,838 | £116,838 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 31 Jan 2014.
The average size of a house on BALMORAL DRIVE is 75 sq meters (816 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Valiant Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Valiant Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Valiant Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Valiant Way |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Valiant Way |