£148,824
This estimated value is based upon the latest sale price for the house of £81,000 on 14 Apr 2009. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £81,000 | 14 Apr 2009 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 April 2009 the House Price Index for COUNTY DURHAM was 79.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 83.734%.Applying this 83.734% change to the original purchase price of £81,000 results in an estimated price of approximately £148,824.
| 14 Apr 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 146.7 | 83.734 % | £81,000 | £67,824 | £148,824 |
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 | -23.522 % | £-19,052 | £61,947 |
| 3 Month Average | -13.855 % | £-11,222 | £69,777 |
| 6 Month Average | -12.759 % | £-10,335 | £70,664 |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 18 Nov 2014.
The average size of a house on MORAY CLOSE is 112 sq meters (1,207 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Moray Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Moray Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Forth Close |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Forth Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arun Close |