£87,377
This estimated value is based upon the latest sale price for the house of £70,000 on 6 Apr 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £70,000 | 6 Apr 2018 |
| £64,000 | 12 Dec 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 April 2018 the House Price Index for COUNTY DURHAM was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £70,000 results in an estimated price of approximately £87,377.
| 6 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £70,000 | £17,377 | £87,377 |
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 | 31.730 % | £22,211 | £92,211 |
| 3 Month Average | -4.623 % | £-3,236 | £66,763 |
| 6 Month Average | 5.535 % | £3,874 | £73,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £76,127 | £75,000 | 5 DUNELM WALK |
| 10 Nov 2023 | £66,484 | £65,500 | 80 AMERSHAM CRESCENT |
| 24 Aug 2023 | £113,996 | £112,999 | 29 CRAWFORD AVENUE |
| 26 Jun 2023 | £91,104 | £90,000 | 12 SMILLIE CLOSE |
| 28 Apr 2023 | £149,105 | £147,500 | 14 SMILLIE CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 4 Nov 2014. Using an estimated price of £87,378 means this house is valued at £900 per sq meter (£83 per sq foot).
The average size of a house on SMILLIE CLOSE is 112 sq meters (1,208 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Amersham Crescent |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Sledmere Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sledmere Close |
| Jan 2024 | Public order | Under investigation | On or near Sledmere Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sledmere Close |