£107,888
This estimated value is based upon the latest sale price for the house of £88,500 on 24 Sep 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £88,500 | 24 Sep 2018 |
| £89,995 | 30 Jun 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 September 2018 the House Price Index for DURHAM was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.908%.Applying this 21.908% change to the original purchase price of £88,500 results in an estimated price of approximately £107,888.
| 24 Sep 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.908 % | £88,500 | £19,388 | £107,888 |
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 | 16.585 % | £14,677 | £103,177 |
| 3 Month Average | 5.290 % | £4,681 | £93,181 |
| 6 Month Average | 16.016 % | £14,173 | £102,673 |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 13 Mar 2017.
The average size of a house on MERLIN COURT is 76 sq meters (825 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Merlin Court |
| Feb 2024 | Drugs | Offender given a caution | On or near Merlin Court |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Merlin Court |
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near Merlin Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merlin Court |