£122,874
This estimated value is based upon the latest sale price for the house of £100,000 on 10 Jan 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £100,000 | 10 Jan 2020 |
| £57,000 | 31 Aug 2012 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 January 2020 the House Price Index for COUNTY DURHAM was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £100,000 results in an estimated price of approximately £122,874.
| 10 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £100,000 | £22,874 | £122,874 |
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 | 198.824 % | £198,823 | £298,823 |
| 3 Month Average | 39.629 % | £39,629 | £139,629 |
| 6 Month Average | 20.312 % | £20,312 | £120,312 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £86,663 | £84,000 | 84 DURHAM ROAD |
| 24 Apr 2023 | £122,287 | £120,000 | 2 TUDHOE PARK VILLAS |
| 14 Apr 2023 | £71,334 | £70,000 | 229 DURHAM ROAD |
| 23 Sep 2022 | £129,863 | £129,950 | 197 DURHAM ROAD |
| 5 Aug 2022 | £60,282 | £60,000 | 203 DURHAM ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 18 Apr 2012. Using an estimated price of £122,874 means this house is valued at £1,365 per sq meter (£126 per sq foot).
The average size of a house on DURHAM ROAD is 108 sq meters (1,166 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Close |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Close |
| Jul 2024 | Anti-social behaviour | On or near The Orchard | |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near The Orchard |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Orchard |