£69,779
This estimated value is based upon the latest sale price for the house of £56,000 on 3 Aug 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £56,000 | 3 Aug 2018 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 August 2018 the House Price Index for COUNTY DURHAM was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £56,000 results in an estimated price of approximately £69,779.
| 3 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £56,000 | £13,779 | £69,779 |
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 | 63.766 % | £35,709 | £91,709 |
| 3 Month Average | 16.998 % | £9,518 | £65,518 |
| 6 Month Average | 2.636 % | £1,476 | £57,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £36,820 | £36,500 | 60 SALVIN STREET |
| 23 Nov 2023 | £75,926 | £73,999 | 1 PEARSON STREET |
| 30 Oct 2023 | £69,069 | £67,500 | 5 BROOM STREET |
| 27 Oct 2023 | £52,697 | £51,500 | 9 FENWICK STREET |
| 28 Sep 2023 | £61,352 | £60,000 | 5 GRAINGER STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 23 Mar 2018. Using an estimated price of £69,779 means this house is valued at £906 per sq meter (£84 per sq foot).
The average size of a house on FENWICK STREET is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Broom Street |
| Jun 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Fenwick Street |
| Jun 2024 | Violence and sexual offences | Offender given a caution | On or near Fenwick Street |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fenwick Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pearson Street |