£208,778
This estimated value is based upon the latest sale price for the house of £120,000 on 6 May 2011. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Elmwood Street
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| Price Paid | Date |
|---|---|
| £120,000 | 6 May 2011 |
| £90,000 | 27 May 2005 |
| £36,000 | 29 Oct 1999 |
| £36,000 | 22 Jan 1999 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 869 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 May 2011 the House Price Index for COUNTY DURHAM was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £120,000 results in an estimated price of approximately £208,778.
| 6 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 73.982 % | £120,000 | £88,778 | £208,778 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -39.471 % | £-47,365 | £72,634 |
| 3 Month Average | -1.274 % | £-1,529 | £118,470 |
| 6 Month Average | 1.222 % | £1,466 | £121,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £38,593 | £38,000 | 8 GILL CRESCENT SOUTH |
| 2 Oct 2023 | £50,139 | £49,000 | 29 GILL CRESCENT SOUTH |
| 29 Sep 2023 | £81,803 | £80,000 | 21 MAPLEWOOD STREET |
| 14 Nov 2022 | £66,688 | £67,000 | 1 MAPLEWOOD STREET |
| 20 Oct 2022 | £65,780 | £66,000 | 22 SYDNEY STREET |
This house has a floor area of 80 sq meters or 869 sq feet when measured on 2 Nov 2010. Using an estimated price of £208,779 means this house is valued at £2,583 per sq meter (£240 per sq foot).
The average size of a house on MORTON GRANGE TERRACE is 114 sq meters (1,234 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Elmwood Street | |
| Jul 2024 | Anti-social behaviour | On or near Elmwood Street | |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Elmwood Street |
| Jul 2024 | Anti-social behaviour | On or near Elmwood Street | |
| Jul 2024 | Burglary | Under investigation | On or near Elmwood Street |