£437,412
This estimated value is based upon the latest sale price for the house of £104,000 on 24 Sep 1999. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£104,000 | 24 Sep 1999 |
Detached |
Freehold |
Floor Area: 167 sq meters or 1,797 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 1999 the House Price Index for DURHAM was 35.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 320.589%.Applying this 320.589% change to the original purchase price of £104,000 results in an estimated price of approximately £437,412.
24 Sep 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
35.3 | 148.6 | 320.589 % | £104,000 | £333,412 | £437,412 |
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 | 193.664 % | £201,410 | £305,410 |
3 Month Average | 145.156 % | £150,962 | £254,962 |
6 Month Average | 132.270 % | £137,560 | £241,560 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £211,853 | £210,000 | 22 PATENSON COURT |
4 Aug 2023 | £196,721 | £195,000 | 8 FOXGLOVE CLOSE |
28 Jul 2023 | £197,660 | £195,000 | 6 WELLHOUSE ROAD |
27 May 2022 | £144,727 | £142,000 | 8 WELLHOUSE ROAD |
21 Dec 2021 | £233,560 | £218,000 | 31A FOXGLOVE CLOSE |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 18 Apr 2014. Using an estimated price of £437,413 means this house is valued at £2,619 per sq meter (£243 per sq foot).
The average size of a house on FORSTER CLOSE is 148 sq meters (1,601 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forster Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forster Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bluestone Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wakenshaw Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancelot Close |