£84,977
This estimated value is based upon the latest sale price for the house of £21,500 on 15 Feb 2000. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Elmwood Street
More crime details
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Price Paid | Date |
---|---|
£21,500 | 15 Feb 2000 |
£27,000 | 27 Jan 1995 |
Terraced |
Freehold |
Floor Area: 101 sq meters or 1,087 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 February 2000 the House Price Index for DURHAM was 37.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 295.245%.Applying this 295.245% change to the original purchase price of £21,500 results in an estimated price of approximately £84,977.
15 Feb 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
37.9 | 149.7 | 295.245 % | £21,500 | £63,477 | £84,977 |
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 | 29.854 % | £6,418 | £27,918 |
3 Month Average | 102.239 % | £21,981 | £43,481 |
6 Month Average | 120.890 % | £25,991 | £47,491 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £38,593 | £38,000 | 8 GILL CRESCENT SOUTH |
2 Oct 2023 | £50,139 | £49,000 | 29 GILL CRESCENT SOUTH |
29 Sep 2023 | £81,803 | £80,000 | 21 MAPLEWOOD STREET |
14 Nov 2022 | £66,688 | £67,000 | 1 MAPLEWOOD STREET |
20 Oct 2022 | £65,780 | £66,000 | 22 SYDNEY STREET |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 2 Oct 2019. Using an estimated price of £84,978 means this house is valued at £841 per sq meter (£78 per sq foot).
The average size of a house on MORTON GRANGE TERRACE is 114 sq meters (1,234 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Elmwood Street | |
Jul 2024 | Anti-social behaviour | On or near Elmwood Street | |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Elmwood Street |
Jul 2024 | Anti-social behaviour | On or near Elmwood Street | |
Jul 2024 | Burglary | Under investigation | On or near Elmwood Street |