£135,045
This estimated value is based upon the latest sale price for the house of £79,950 on 9 Oct 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £79,950 | 9 Oct 2006 |
| £62,000 | 15 Mar 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 848 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 October 2006 the House Price Index for DURHAM was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £79,950 results in an estimated price of approximately £135,045.
| 9 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £79,950 | £55,095 | £135,045 |
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 | -31.786 % | £-25,412 | £54,537 |
| 3 Month Average | -22.293 % | £-17,823 | £62,126 |
| 6 Month Average | -14.257 % | £-11,398 | £68,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £76,127 | £75,000 | 5 DUNELM WALK |
| 10 Nov 2023 | £66,484 | £65,500 | 80 AMERSHAM CRESCENT |
| 24 Aug 2023 | £113,996 | £112,999 | 29 CRAWFORD AVENUE |
| 26 Jun 2023 | £91,104 | £90,000 | 12 SMILLIE CLOSE |
| 28 Apr 2023 | £149,105 | £147,500 | 14 SMILLIE CLOSE |
This house has a floor area of 78 sq meters or 848 sq feet when measured on 2 Feb 2011. Using an estimated price of £135,045 means this house is valued at £1,713 per sq meter (£159 per sq foot).
The average size of a house on SMILLIE CLOSE is 112 sq meters (1,208 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Amersham Crescent |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Sledmere Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sledmere Close |
| Jan 2024 | Public order | Under investigation | On or near Sledmere Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sledmere Close |