£88,799
This estimated value is based upon the latest sale price for the house of £89,950 on 22 Feb 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £89,950 | 22 Feb 2023 |
| £48,500 | 30 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 878 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 2023 the House Price Index for DURHAM was 148.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.279%.Applying this -1.279% change to the original purchase price of £89,950 results in an estimated price of approximately £88,799.
| 22 Feb 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.6 | 146.7 | -1.279 % | £89,950 | £-1,150 | £88,799 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | -38.204 % | £-34,364 | £55,585 |
| 3 Month Average | -19.869 % | £-17,872 | £72,077 |
| 6 Month Average | -11.386 % | £-10,241 | £79,708 |
This house has a floor area of 81 sq meters or 878 sq feet when measured on 1 Jun 2009.
The average size of a house on PENSHAW GARDENS is 94 sq meters (1,013 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorntree Terrace |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorntree Terrace |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Thorntree Terrace |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorntree Terrace |
| Mar 2024 | Anti-social behaviour | On or near Brentwood Court |