£40,572
This estimated value is based upon the latest sale price for the house of £39,999 on 28 Jun 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£39,999 | 28 Jun 2022 |
£45,000 | 15 Jul 2020 |
£48,000 | 8 Aug 2003 |
£28,000 | 30 Jan 1998 |
£25,000 | 25 Aug 1995 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 2022 the House Price Index for DURHAM was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £39,999 results in an estimated price of approximately £40,572.
28 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 148.6 | 1.433 % | £39,999 | £573 | £40,572 |
The Postcode Pricing Model uses changes in average sales price within the DL15 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 | 11.319 % | £4,527 | £44,526 |
3 Month Average | -21.774 % | £-8,709 | £31,289 |
6 Month Average | -4.829 % | £-1,931 | £38,067 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £61,000 | £61,000 | 5 CHURCH STREET |
11 Mar 2024 | £110,000 | £110,000 | 3 SOUTH STREET |
28 Jul 2023 | £53,723 | £53,000 | 42 ARTHUR STREET |
11 Apr 2023 | £164,774 | £163,000 | 15 NORTH TERRACE |
24 Mar 2023 | £32,809 | £32,500 | 7 GREENFIELD COTTAGES |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 30 May 2014. Using an estimated price of £40,572 means this house is valued at £548 per sq meter (£50 per sq foot).
The average size of a house on EMMERSON STREET is 65 sq meters (705 sq feet).
This house is the largest in the street with a floor area of 74 sq meters (796 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Emmerson Street |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Emmerson Street |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Emmerson Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Emmerson Street |
Jan 2024 | Public order | Further investigation is not in the public interest | On or near Emmerson Street |