£77,702
This estimated value is based upon the latest sale price for the house of £63,000 on 26 Jul 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Johnson Close
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| Price Paid | Date |
|---|---|
| £63,000 | 26 Jul 2019 |
| £65,000 | 29 Mar 2019 |
| £69,995 | 21 Apr 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 July 2019 the House Price Index for COUNTY DURHAM was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £63,000 results in an estimated price of approximately £77,702.
| 26 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £63,000 | £14,702 | £77,702 |
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 | -6.032 % | £-3,800 | £59,199 |
| 3 Month Average | 3.070 % | £1,934 | £64,934 |
| 6 Month Average | 10.102 % | £6,364 | £69,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £73,082 | £72,000 | 49 FAIRBAIRN ROAD |
| 24 Aug 2023 | £113,996 | £112,999 | 29 CRAWFORD AVENUE |
| 17 Aug 2023 | £102,899 | £101,999 | 5 RAMSEY CLOSE |
| 25 Jul 2023 | £96,296 | £95,000 | 4 RAMSEY CLOSE |
| 11 Jul 2023 | £50,682 | £50,000 | 6 JUDE PLACE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 29 Aug 2021. Using an estimated price of £77,703 means this house is valued at £1,110 per sq meter (£103 per sq foot).
The average size of a house on JOHNSON CLOSE is 95 sq meters (1,022 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Johnson Close | |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Johnson Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Johnson Close |
| Feb 2024 | Anti-social behaviour | On or near Johnson Close | |
| Dec 2023 | Drugs | Awaiting court outcome | On or near Johnson Close |