£65,448
This estimated value is based upon the latest sale price for the house of £61,000 on 21 Jun 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £61,000 | 21 Jun 2021 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 June 2021 the House Price Index for COUNTY 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 £61,000 results in an estimated price of approximately £65,448.
| 21 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £61,000 | £4,448 | £65,448 |
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 | -7.440 % | £-4,538 | £56,461 |
| 3 Month Average | -10.722 % | £-6,540 | £54,459 |
| 6 Month Average | -9.706 % | £-5,920 | £55,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2022 | £60,162 | £60,000 | 51 SIDINGS PLACE |
| 23 May 2022 | £120,266 | £118,000 | 42 SIDINGS PLACE |
| 5 May 2022 | £117,769 | £115,550 | 33 SIDINGS PLACE |
| 7 Apr 2022 | £65,907 | £64,000 | 60 SIDINGS PLACE |
| 7 Dec 2021 | £55,712 | £52,000 | 19 MORTON CRESCENT |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 7 Feb 2018. Using an estimated price of £65,448 means this house is valued at £769 per sq meter (£71 per sq foot).
The average size of a house on MORTON CRESCENT is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Woodland Grange |
| Feb 2024 | Anti-social behaviour | On or near Woodland Grange | |
| Feb 2024 | Anti-social behaviour | On or near Woodland Grange | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodland Grange |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |