£124,392
This estimated value is based upon the latest sale price for the house of £70,000 on 17 Feb 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £70,000 | 17 Feb 2006 |
| £10,000 | 12 Aug 2002 |
| £10,000 | 14 Jul 2000 |
| £10,250 | 26 Feb 1999 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 February 2006 the House Price Index for DURHAM was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £70,000 results in an estimated price of approximately £124,392.
| 17 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 148.6 | 77.703 % | £70,000 | £54,392 | £124,392 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -5.994 % | £-4,196 | £65,803 |
| 3 Month Average | -5.662 % | £-3,963 | £66,036 |
| 6 Month Average | 5.473 % | £3,831 | £73,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £64,000 | £64,000 | 5 ROBERT STREET |
| 12 Dec 2023 | £193,384 | £190,000 | 44 LINTHORPE AVENUE |
| 1 Sep 2023 | £146,878 | £145,000 | 23 LINTHORPE AVENUE |
| 29 Aug 2023 | £143,253 | £142,000 | 28 LINTHORPE AVENUE |
| 2 Aug 2023 | £166,406 | £164,950 | 28 ALFRED STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 8 Jan 2015. Using an estimated price of £124,392 means this house is valued at £1,658 per sq meter (£154 per sq foot).
The average size of a house on MARY STREET is 83 sq meters (899 sq feet).
This house is the largest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Aline Street | |
| Jan 2024 | Anti-social behaviour | On or near Aline Street | |
| Jan 2024 | Anti-social behaviour | On or near Aline Street | |
| Jan 2024 | Anti-social behaviour | On or near Aline Street | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bottle Works Road |