£219,620
This estimated value is based upon the latest sale price for the house of £105,000 on 23 Feb 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Bishop'S Close
More crime details
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| Price Paid | Date |
|---|---|
| £105,000 | 23 Feb 2004 |
| £40,000 | 31 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 February 2004 the House Price Index for DURHAM was 70.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 109.162%.Applying this 109.162% change to the original purchase price of £105,000 results in an estimated price of approximately £219,620.
| 23 Feb 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 146.7 | 109.162 % | £105,000 | £114,620 | £219,620 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 75.983 % | £79,782 | £184,782 |
| 3 Month Average | 24.012 % | £25,212 | £130,212 |
| 6 Month Average | 46.745 % | £49,082 | £154,082 |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 12 Jul 2013.
There is one other house on the street which we know the size of, this is 41 CHEAPSIDE it is 73.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Bishop'S Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bishop'S Close |
| Jan 2024 | Burglary | Formal action is not in the public interest | On or near Bishop'S Close |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Bishop'S Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bishop'S Close |