£131,071
This estimated value is based upon the latest sale price for the house of £71,000 on 3 Jun 2005. This value is then adjusted by the current Official House Price Index for DURHAM 1
There have been two burglaries within the last year on or near Edward Street
More crime details
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| Price Paid | Date |
|---|---|
| £71,000 | 3 Jun 2005 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2005 the House Price Index for DURHAM was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £71,000 results in an estimated price of approximately £131,071.
| 3 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.608 % | £71,000 | £60,071 | £131,071 |
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 | -20.049 % | £-14,234 | £56,765 |
| 3 Month Average | -7.038 % | £-4,996 | £66,003 |
| 6 Month Average | 6.647 % | £4,719 | £75,719 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2023 | £82,105 | £81,000 | 16 FLORA STREET |
| 27 Mar 2023 | £37,352 | £37,000 | 67 CRADDOCK STREET |
| 5 Aug 2022 | £59,839 | £60,000 | 19 FLORA STREET |
| 19 Apr 2022 | £67,967 | £66,000 | 21 FLORA STREET |
| 25 Feb 2022 | £79,701 | £76,000 | 28 FLORA STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 7 Jun 2012. Using an estimated price of £131,072 means this house is valued at £1,524 per sq meter (£141 per sq foot).
The average size of a house on EDWARD STREET is 100 sq meters (1,080 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Edward Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Edward Street |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Edward Street |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Edward Street |
| Jan 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Vyner Street |