£308,000
This estimated value is based upon the latest sale price for the house of £255,000 on 28 Feb 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £255,000 | 28 Feb 2020 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 February 2020 the House Price Index for COUNTY DURHAM was 121.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.785%.Applying this 20.785% change to the original purchase price of £255,000 results in an estimated price of approximately £308,000.
| 28 Feb 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 146.7 | 20.785 % | £255,000 | £53,000 | £308,000 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 3.042 % | £7,757 | £262,757 |
| 3 Month Average | 12.873 % | £32,825 | £287,825 |
| 6 Month Average | 24.476 % | £62,413 | £317,413 |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 16 Aug 2014.
The average size of a house on SHERWOOD CLOSE is 159 sq meters (1,721 sq feet).
This house is the smallest in the street with a floor area of 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Action to be taken by another organisation | On or near The Elms |
| Mar 2024 | Anti-social behaviour | On or near Mason Avenue | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mason Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Goodwood Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frazer Road |