£126,830
This estimated value is based upon the latest sale price for the house of £72,500 on 3 Oct 2008. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£72,500 | 3 Oct 2008 |
£62,500 | 4 Sep 2006 |
£22,500 | 11 Apr 1997 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,005 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 October 2008 the House Price Index for DURHAM was 84.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.939%.Applying this 74.939% change to the original purchase price of £72,500 results in an estimated price of approximately £126,830.
3 Oct 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.9 | 148.6 | 74.939 % | £72,500 | £54,330 | £126,830 |
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 | -34.855 % | £-25,269 | £47,230 |
3 Month Average | -30.277 % | £-21,950 | £50,549 |
6 Month Average | -22.435 % | £-16,265 | £56,234 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £50,840 | £49,950 | 24 ELM TERRACE |
13 Sep 2023 | £28,616 | £28,250 | 10 SEYMOUR STREET |
24 Mar 2023 | £44,418 | £44,000 | 6 BRAEMAR TERRACE |
1 Feb 2023 | £82,944 | £83,000 | 5 ADAM STREET |
25 Nov 2022 | £40,509 | £41,000 | 3 BRAEMAR TERRACE |
This house has a floor area of 93 sq meters or 1,005 sq feet when measured on 16 Jun 2011. Using an estimated price of £126,831 means this house is valued at £1,357 per sq meter (£126 per sq foot).
The average size of a house on SEYMOUR STREET is 150 sq meters (1,616 sq feet).
This house is the smallest in the street with a floor area of 93 sq meters (1,005 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Under investigation | On or near Seymour Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Murray Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rogers Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beach Grove |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beach Grove |