£85,248
This estimated value is based upon the latest sale price for the house of £69,000 on 14 Jun 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £69,000 | 14 Jun 2019 |
| £32,154 | 17 Nov 2016 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 2019 the House Price Index for COUNTY DURHAM was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £69,000 results in an estimated price of approximately £85,248.
| 14 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £69,000 | £16,248 | £85,248 |
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 | 24.475 % | £16,887 | £85,887 |
| 3 Month Average | -5.403 % | £-3,728 | £65,271 |
| 6 Month Average | 9.841 % | £6,790 | £75,790 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £68,421 | £67,500 | 49 TWEED TERRACE |
| 2 Jun 2023 | £73,389 | £72,500 | 2 VALLEY CLOSE |
| 21 Apr 2023 | £25,272 | £25,000 | 31 AVON ROAD |
| 31 Mar 2023 | £85,808 | £85,000 | 18 LENIN TERRACE |
| 24 Mar 2023 | £86,818 | £86,000 | 24 TWEED TERRACE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 18 Mar 2019. Using an estimated price of £85,249 means this house is valued at £1,639 per sq meter (£152 per sq foot).
The average size of a house on KEIR HARDIE AVENUE is 65 sq meters (704 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Keir Hardie Avenue |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Keir Hardie Avenue |
| Feb 2024 | Vehicle crime | Formal action is not in the public interest | On or near Keir Hardie Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Keir Hardie Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Avon Road |