£177,152
This estimated value is based upon the latest sale price for the house of £76,995 on 15 Aug 2003. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £76,995 | 15 Aug 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 728 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 August 2003 the House Price Index for DURHAM was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £76,995 results in an estimated price of approximately £177,152.
| 15 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £76,995 | £100,157 | £177,152 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 100.033 % | £77,020 | £154,015 |
| 3 Month Average | 67.277 % | £51,799 | £128,794 |
| 6 Month Average | 58.684 % | £45,184 | £122,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Aug 2022 | £142,616 | £143,000 | 28 ASHTREE CLOSE |
| 17 Dec 2021 | £112,495 | £105,000 | 20 PINEWOOD CLOSE |
| 12 Nov 2021 | £193,591 | £179,000 | 57 ASHTREE CLOSE |
| 17 Sep 2021 | £183,191 | £170,000 | 9 PINEWOOD CLOSE |
| 26 Jul 2021 | £114,927 | £100,000 | 35 ASHTREE CLOSE |
This house has a floor area of 67 sq meters or 728 sq feet when measured on 4 Aug 2009. Using an estimated price of £177,152 means this house is valued at £2,616 per sq meter (£243 per sq foot).
The average size of a house on PINEWOOD CLOSE is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Eade Close | |
| Jan 2024 | Anti-social behaviour | On or near Eade Close | |
| Jan 2024 | Anti-social behaviour | On or near Eade Close | |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Alan Gray Court |
| Feb 2024 | Shoplifting | Under investigation | On or near Alan Gray Court |