£54,887
This estimated value is based upon the latest sale price for the house of £45,000 on 10 Jan 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £45,000 | 10 Jan 2020 |
| £57,000 | 22 Dec 2015 |
| £110,000 | 4 Dec 2009 |
| Terraced |
| Freehold |
| Floor Area: 30 sq meters or 322 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 January 2020 the House Price Index for COUNTY DURHAM was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £45,000 results in an estimated price of approximately £54,887.
| 10 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £45,000 | £9,887 | £54,887 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 4.013 % | £1,805 | £46,805 |
| 3 Month Average | -5.343 % | £-2,404 | £42,595 |
| 6 Month Average | 1.095 % | £492 | £45,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £68,514 | £67,500 | 51 DAWDON CRESCENT |
| 13 Nov 2023 | £74,097 | £73,000 | 1 RAINTON STREET |
| 29 Aug 2023 | £70,567 | £69,950 | 24 ELOISE CLOSE |
| 16 Aug 2023 | £85,750 | £85,000 | 7 RAINTON STREET |
| 10 Jul 2023 | £83,119 | £82,000 | 27 GARRON STREET |
This house has a floor area of 30 sq meters or 322 sq feet when measured on 14 Oct 2019. Using an estimated price of £54,887 means this house is valued at £1,829 per sq meter (£169 per sq foot).
The average size of a house on ELOISE CLOSE is 63 sq meters (684 sq feet).
This house is the smallest in the street with a floor area of 30 sq meters (322 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eloise Close |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Eloise Close |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Eloise Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Rainton Street |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Akon Street |