£56,702
This estimated value is based upon the latest sale price for the house of £47,500 on 27 Jul 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £47,500 | 27 Jul 2020 |
| £68,000 | 16 Nov 2005 |
| £19,000 | 17 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 516 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 July 2020 the House Price Index for DURHAM was 122.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.374%.Applying this 19.374% change to the original purchase price of £47,500 results in an estimated price of approximately £56,702.
| 27 Jul 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 146.7 | 19.374 % | £47,500 | £9,202 | £56,702 |
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 | 31.412 % | £14,920 | £62,420 |
| 3 Month Average | -2.024 % | £-961 | £46,538 |
| 6 Month Average | 5.884 % | £2,794 | £50,294 |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 21 May 2020.
The average size of a house on HEDLEY CLOSE is 111 sq meters (1,195 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sid Chaplin Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sid Chaplin Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sid Chaplin Drive |
| Jan 2024 | Other crime | Under investigation | On or near Sid Chaplin Drive |
| Jan 2024 | Other crime | Action to be taken by another organisation | On or near Sid Chaplin Drive |