£121,315
This estimated value is based upon the latest sale price for the house of £70,000 on 23 Jun 2011. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £70,000 | 23 Jun 2011 |
| £107,000 | 21 Aug 2007 |
| £105,995 | 31 Mar 2006 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 June 2011 the House Price Index for COUNTY DURHAM was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £70,000 results in an estimated price of approximately £121,315.
| 23 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £70,000 | £51,315 | £121,315 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | -36.690 % | £-25,682 | £44,317 |
| 3 Month Average | 0.041 % | £28 | £70,028 |
| 6 Month Average | 12.407 % | £8,685 | £78,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2023 | £124,171 | £122,500 | 7 CROFT CLOSE |
| 19 Apr 2023 | £62,473 | £61,800 | 5 WESTVIEW TERRACE |
| 21 Mar 2023 | £93,380 | £92,500 | 18 FAIRVIEW TERRACE |
| 1 Mar 2023 | £79,751 | £79,000 | 27 CROFT CLOSE |
| 27 Jan 2023 | £84,601 | £85,000 | 17 FAIRVIEW TERRACE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 10 Dec 2010. Using an estimated price of £121,315 means this house is valued at £2,166 per sq meter (£201 per sq foot).
The average size of a house on THE CROFT is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Croft Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Croft Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Larwood Court |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Grace Court |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Margaret Court |