£101,927
This estimated value is based upon the latest sale price for the house of £95,000 on 4 Jun 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £95,000 | 4 Jun 2021 |
| £95,000 | 7 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 June 2021 the House Price Index for DURHAM was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £95,000 results in an estimated price of approximately £101,927.
| 4 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £95,000 | £6,927 | £101,927 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | -43.535 % | £-41,358 | £53,641 |
| 3 Month Average | -30.221 % | £-28,709 | £66,290 |
| 6 Month Average | -25.647 % | £-24,364 | £70,635 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £191,840 | £189,000 | 6 ST CUTHBERTS AVENUE |
| 2 Nov 2023 | £88,815 | £87,500 | 34 YORK ROAD |
| 11 Aug 2023 | £171,500 | £170,000 | 14 ST CUTHBERTS AVENUE |
| 15 Jun 2023 | £170,566 | £168,500 | 80 BENFIELDSIDE ROAD |
| 28 Apr 2023 | £232,503 | £230,000 | 150 BENFIELDSIDE ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 2 May 2015. Using an estimated price of £101,928 means this house is valued at £1,040 per sq meter (£96 per sq foot).
The average size of a house on SURTEES PLACE is 124 sq meters (1,337 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Surtees Place |
| Mar 2024 | Anti-social behaviour | On or near Surtees Place | |
| Mar 2024 | Anti-social behaviour | On or near Surtees Place | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Western Hill |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Western Hill |