£302,061
This estimated value is based upon the latest sale price for the house of £240,000 on 14 Jul 2017. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £240,000 | 14 Jul 2017 |
| £65,500 | 17 Jan 1997 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,245 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 2017 the House Price Index for DURHAM was 116.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.859%.Applying this 25.859% change to the original purchase price of £240,000 results in an estimated price of approximately £302,061.
| 14 Jul 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 146.7 | 25.859 % | £240,000 | £62,061 | £302,061 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | -5.238 % | £-12,571 | £227,428 |
| 3 Month Average | 21.384 % | £51,322 | £291,322 |
| 6 Month Average | 16.413 % | £39,390 | £279,390 |
This house has a floor area of 115 sq meters or 1,245 sq feet when measured on 8 Feb 2010.
The average size of a house on CHEVIOT CLOSE is 155 sq meters (1,678 sq feet).
This house is the largest in the street with a floor area of 115 sq meters (1,245 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beadnell Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portland Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chatton Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chatton Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Chatton Close |