£136,581
This estimated value is based upon the latest sale price for the house of £82,000 on 7 Jun 2013. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £82,000 | 7 Jun 2013 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 938 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 2013 the House Price Index for COUNTY DURHAM was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £82,000 results in an estimated price of approximately £136,581.
| 7 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £82,000 | £54,581 | £136,581 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | -35.898 % | £-29,436 | £52,563 |
| 3 Month Average | -20.288 % | £-16,636 | £65,363 |
| 6 Month Average | -5.594 % | £-4,587 | £77,412 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £195,835 | £192,409 | 45 ST CHARLES ROAD |
| 14 Apr 2023 | £70,762 | £70,000 | 229 DURHAM ROAD |
| 5 Apr 2023 | £113,219 | £112,000 | 183 DURHAM ROAD |
| 18 Nov 2022 | £228,235 | £231,000 | 27 ST CHARLES ROAD |
| 23 Sep 2022 | £128,909 | £129,950 | 197 DURHAM ROAD |
This house has a floor area of 87 sq meters or 938 sq feet when measured on 2 Feb 2012. Using an estimated price of £136,582 means this house is valued at £1,567 per sq meter (£145 per sq foot).
The average size of a house on DURHAM ROAD is 108 sq meters (1,166 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near The Orchard |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Orchard |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Orchard |
| Mar 2024 | Anti-social behaviour | On or near York Hill Crescent | |
| Mar 2024 | Anti-social behaviour | On or near York Hill Crescent |