£156,671
This estimated value is based upon the latest sale price for the house of £74,950 on 5 Mar 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£74,950 | 5 Mar 2004 |
£59,950 | 23 Jun 2003 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 March 2004 the House Price Index for DURHAM was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £74,950 results in an estimated price of approximately £156,671.
5 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
71.1 | 148.6 | 109.035 % | £74,950 | £81,721 | £156,671 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 17.708 % | £13,272 | £88,222 |
3 Month Average | 24.682 % | £18,499 | £93,449 |
6 Month Average | 37.420 % | £28,046 | £102,996 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Mar 2024 | £50,500 | £50,500 | 3 WEST TERRACE |
20 Dec 2023 | £76,336 | £75,000 | 7 HEATH ROAD |
21 Nov 2023 | £55,827 | £55,000 | 79 HEATH ROAD |
10 Nov 2023 | £65,977 | £65,000 | 59 HEATH ROAD |
8 Sep 2023 | £81,036 | £80,000 | 75 CENTRAL DRIVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 9 Aug 2013. Using an estimated price of £156,672 means this house is valued at £1,934 per sq meter (£179 per sq foot).
The average size of a house on CENTRAL DRIVE is 77 sq meters (829 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Theft from the person | Under investigation | On or near Heath Road |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Heath Road |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Heath Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Heath Road |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Hawthorn Road |