£301,233
This estimated value is based upon the latest sale price for the house of £164,995 on 27 May 2005. 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 Spooner Close
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| Price Paid | Date |
|---|---|
| £164,995 | 27 May 2005 |
| £80,950 | 24 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,092 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 May 2005 the House Price Index for DURHAM was 80.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.571%.Applying this 82.571% change to the original purchase price of £164,995 results in an estimated price of approximately £301,233.
| 27 May 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 146.7 | 82.571 % | £164,995 | £136,238 | £301,233 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 63.536 % | £104,830 | £269,825 |
| 3 Month Average | 17.276 % | £28,504 | £193,499 |
| 6 Month Average | 25.812 % | £42,588 | £207,583 |
This house has a floor area of 101 sq meters or 1,092 sq feet when measured on 16 Mar 2011.
The average size of a house on SPOONER CLOSE is 179 sq meters (1,934 sq feet).
This house is the smallest in the street with a floor area of 101 sq meters (1,092 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Spooner Close |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Spooner Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hamsterley Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Barton Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barton Close |