£104,432
This estimated value is based upon the latest sale price for the house of £67,000 on 15 Jan 2008. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £67,000 | 15 Jan 2008 |
| £15,000 | 16 Feb 1999 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 January 2008 the House Price Index for DURHAM was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £67,000 results in an estimated price of approximately £104,432.
| 15 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.6 | 55.870 % | £67,000 | £37,432 | £104,432 |
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 | -24.324 % | £-16,297 | £50,702 |
| 3 Month Average | -23.056 % | £-15,447 | £51,552 |
| 6 Month Average | -19.313 % | £-12,939 | £54,060 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £91,166 | £90,000 | 20 KEMP ROAD |
| 31 Jul 2023 | £83,119 | £82,000 | 27 HOWLETCH LANE |
| 14 Apr 2023 | £72,784 | £72,000 | 21 HERTON CLOSE |
| 3 Apr 2023 | £97,045 | £96,000 | 16 NEVILLE ROAD |
| 3 Feb 2023 | £64,956 | £65,000 | 29 HERTON CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 12 Jan 2017. Using an estimated price of £104,433 means this house is valued at £1,147 per sq meter (£106 per sq foot).
The average size of a house on HERTON CLOSE is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Herton Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Herton Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Herton Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Herton Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Herton Close |