£49,829
This estimated value is based upon the latest sale price for the house of £11,250 on 17 May 1999. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£11,250 | 17 May 1999 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 May 1999 the House Price Index for DURHAM was 33.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 342.927%.Applying this 342.927% change to the original purchase price of £11,250 results in an estimated price of approximately £49,829.
17 May 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.5 | 148.6 | 342.927 % | £11,250 | £38,579 | £49,829 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | 250.498 % | £28,181 | £39,431 |
3 Month Average | 168.509 % | £18,957 | £30,207 |
6 Month Average | 204.131 % | £22,964 | £34,214 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £109,623 | £108,000 | 8 TYNE ROAD EAST |
1 Jun 2023 | £78,450 | £77,500 | 5 JOSEPH STREET |
4 Apr 2023 | £69,751 | £69,000 | 11 DERBY ROAD |
11 Nov 2022 | £138,324 | £140,000 | 26 TYNE ROAD EAST |
2 Sep 2022 | £93,247 | £94,000 | 41 SMAILES STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 16 Jul 2020. Using an estimated price of £49,829 means this house is valued at £790 per sq meter (£73 per sq foot).
The average size of a house on JOSEPH STREET is 74 sq meters (806 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lindon Road |
Mar 2024 | Anti-social behaviour | On or near Smailes Street | |
Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Smailes Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Smailes Street |
Feb 2024 | Violence and sexual offences | Local resolution | On or near Tyne Road |