£42,514
This estimated value is based upon the latest sale price for the house of £42,000 on 29 Jun 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£42,000 | 29 Jun 2023 |
£20,000 | 4 Sep 2020 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 592 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 2023 the House Price Index for COUNTY DURHAM was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £42,000 results in an estimated price of approximately £42,514.
29 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.8 | 148.6 | 1.226 % | £42,000 | £514 | £42,514 |
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 | 7.197 % | £3,022 | £45,022 |
3 Month Average | -14.575 % | £-6,121 | £35,878 |
6 Month Average | -4.384 % | £-1,841 | £40,158 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £50,000 | £50,000 | 19 ROSE AVENUE |
20 Dec 2023 | £50,890 | £50,000 | 5 PALMER STREET |
29 Sep 2023 | £56,725 | £56,000 | 3 ROSE AVENUE |
16 Aug 2023 | £34,300 | £34,000 | 39 ROSE AVENUE |
29 Jun 2023 | £42,515 | £42,000 | 28 ROSE AVENUE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 22 Nov 2019. Using an estimated price of £42,515 means this house is valued at £773 per sq meter (£71 per sq foot).
The average size of a house on ROSE AVENUE is 70 sq meters (761 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Unable to prosecute suspect | On or near King Terrace |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near King Terrace |
Feb 2024 | Violence and sexual offences | Under investigation | On or near King Terrace |
Jan 2024 | Possession of weapons | Offender given a caution | On or near King Terrace |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Palmer Street |