£206,427
This estimated value is based upon the latest sale price for the house of £55,500 on 28 Jul 2000. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £55,500 | 28 Jul 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2000 the House Price Index for DURHAM was 40.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 271.941%.Applying this 271.941% change to the original purchase price of £55,500 results in an estimated price of approximately £206,427.
| 28 Jul 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 148.6 | 271.941 % | £55,500 | £150,927 | £206,427 |
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 | 52.392 % | £29,077 | £84,577 |
| 3 Month Average | 59.324 % | £32,924 | £88,424 |
| 6 Month Average | 77.878 % | £43,222 | £98,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £86,277 | £85,000 | 27 MALVERN CLOSE |
| 25 Aug 2023 | £156,368 | £155,000 | 13 DINTING CLOSE |
| 18 Aug 2023 | £219,420 | £217,500 | 5 DINTING CLOSE |
| 11 Jul 2023 | £93,255 | £92,000 | 31 PENDLE CLOSE |
| 2 Jun 2023 | £151,789 | £149,950 | 31 GIRTON CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 8 Dec 2014. Using an estimated price of £206,427 means this house is valued at £2,457 per sq meter (£228 per sq foot).
The average size of a house on DINTING CLOSE is 107 sq meters (1,156 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Malvern Close |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Malvern Close |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Malvern Close |
| Feb 2024 | Other theft | Under investigation | On or near Malvern Close |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Malvern Close |