£128,865
This estimated value is based upon the latest sale price for the house of £63,950 on 17 May 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£63,950 | 17 May 2004 |
£41,000 | 15 Feb 2002 |
£34,950 | 10 Dec 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 May 2004 the House Price Index for DURHAM was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £63,950 results in an estimated price of approximately £128,865.
17 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 148.6 | 101.510 % | £63,950 | £64,915 | £128,865 |
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 | -15.870 % | £-10,148 | £53,801 |
3 Month Average | 10.327 % | £6,604 | £70,554 |
6 Month Average | 29.855 % | £19,092 | £83,042 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £88,694 | £87,500 | 55 ROWAN COURT |
28 Apr 2023 | £60,653 | £60,000 | 83 ROWAN COURT |
24 Mar 2023 | £141,281 | £139,950 | 5 BLAIR AVENUE |
30 Jan 2023 | £169,203 | £170,000 | 24 BLAIR AVENUE |
1 Aug 2022 | £86,766 | £87,000 | 57 ROWAN COURT |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 4 Jul 2012. Using an estimated price of £128,866 means this house is valued at £2,629 per sq meter (£244 per sq foot).
The average size of a house on BLAIR AVENUE is 64 sq meters (694 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Blair Avenue | |
Mar 2024 | Vehicle crime | Under investigation | On or near Blair Avenue |
Mar 2024 | Drugs | Under investigation | On or near Blair Avenue |
Mar 2024 | Anti-social behaviour | On or near Blair Avenue | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Catherine Close |