£110,188
This estimated value is based upon the latest sale price for the house of £69,000 on 11 May 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £69,000 | 11 May 2007 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 May 2007 the House Price Index for DURHAM was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £69,000 results in an estimated price of approximately £110,188.
| 11 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £69,000 | £41,188 | £110,188 |
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 | -34.092 % | £-23,523 | £45,476 |
| 3 Month Average | -23.658 % | £-16,323 | £52,676 |
| 6 Month Average | -19.172 % | £-13,229 | £55,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Oct 2022 | £78,158 | £79,000 | 114 PENTLAND CLOSE |
| 30 Aug 2022 | £104,718 | £105,000 | 18 SNOWDON PLACE |
| 1 Jun 2022 | £82,161 | £81,000 | 39 BRECON CLOSE |
| 14 Jan 2022 | £84,193 | £80,000 | 1 PENTLAND CLOSE |
| 22 Oct 2021 | £86,305 | £78,000 | 50 PENTLAND CLOSE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 22 Aug 2016. Using an estimated price of £110,188 means this house is valued at £1,159 per sq meter (£107 per sq foot).
The average size of a house on PENTLAND CLOSE is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pentland Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pentland Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pentland Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pentland Close |