£71,197
This estimated value is based upon the latest sale price for the house of £70,000 on 26 May 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£70,000 | 26 May 2023 |
£42,000 | 22 Sep 2011 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 822 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 2023 the House Price Index for COUNTY DURHAM was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £70,000 results in an estimated price of approximately £71,197.
26 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.1 | 148.6 | 1.711 % | £70,000 | £1,197 | £71,197 |
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 | -36.982 % | £-25,887 | £44,112 |
3 Month Average | -8.194 % | £-5,735 | £64,264 |
6 Month Average | -3.411 % | £-2,387 | £67,612 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £52,709 | £52,000 | 48 THORNFIELD ROAD |
11 Apr 2023 | £80,820 | £79,950 | 52 THORNFIELD ROAD |
3 Jan 2023 | £74,648 | £75,000 | 51 PRIESTMAN AVENUE |
23 Nov 2022 | £86,947 | £88,000 | 13 PEMBERTON AVENUE |
31 Oct 2022 | £87,063 | £88,000 | 32 PEMBERTON AVENUE |
This house has a floor area of 76 sq meters or 822 sq feet when measured on 13 Dec 2008.
The average size of a house on THORNFIELD ROAD is 85 sq meters (916 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Thornfield Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thornfield Road |
Apr 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Pemberton Avenue |
Apr 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Pemberton Avenue |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Pemberton Avenue |