£67,843
This estimated value is based upon the latest sale price for the house of £40,000 on 15 Jun 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £40,000 | 15 Jun 2012 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 736 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 June 2012 the House Price Index for COUNTY DURHAM was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £40,000 results in an estimated price of approximately £67,843.
| 15 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £40,000 | £27,843 | £67,843 |
The Postcode Pricing Model uses changes in average sales price within the DL14 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 | -12.049 % | £-4,819 | £35,180 |
| 3 Month Average | -11.745 % | £-4,698 | £35,301 |
| 6 Month Average | 0.002 % | £0 | £40,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £111,959 | £110,000 | 22 COCKTON HILL ROAD |
| 7 Dec 2023 | £63,104 | £62,000 | 4 BREWER STREET |
| 11 Aug 2023 | £50,441 | £50,000 | 9 TIVOLI PLACE |
| 10 Aug 2023 | £67,087 | £66,500 | 31 BELL STREET |
| 9 Aug 2023 | £35,309 | £35,000 | 12 BELL STREET |
This house has a floor area of 68 sq meters or 736 sq feet when measured on 23 Feb 2011. Using an estimated price of £67,844 means this house is valued at £992 per sq meter (£92 per sq foot).
The average size of a house on BREWER STREET is 91 sq meters (984 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brewer Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brewer Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cockton Hill Road |
| Feb 2024 | Other theft | Under investigation | On or near Cockton Hill Road |