£121,003
This estimated value is based upon the latest sale price for the house of £99,950 on 18 Oct 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near The Close
More crime details
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| Price Paid | Date |
|---|---|
| £99,950 | 18 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 October 2019 the House Price Index for COUNTY DURHAM was 121.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.064%.Applying this 21.064% change to the original purchase price of £99,950 results in an estimated price of approximately £121,003.
| 18 Oct 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.064 % | £99,950 | £21,053 | £121,003 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 55.810 % | £55,782 | £155,732 |
| 3 Month Average | -9.854 % | £-9,849 | £90,100 |
| 6 Month Average | 5.858 % | £5,854 | £105,804 |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 21 Dec 2018.
The average size of a house on DURHAM ROAD is 108 sq meters (1,166 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Formal action is not in the public interest | On or near The Close |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Durham Road |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Lumley Close |
| Dec 2023 | Anti-social behaviour | On or near Walkworth Lane | |
| Dec 2023 | Anti-social behaviour | On or near Walkworth Lane |