£63,314
This estimated value is based upon the latest sale price for the house of £45,000 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£45,000 | 30 Oct 2015 |
£46,240 | 14 Jan 2008 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 October 2015 the House Price Index for DURHAM was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £45,000 results in an estimated price of approximately £63,314.
30 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 148.6 | 40.699 % | £45,000 | £18,314 | £63,314 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 21.450 % | £9,652 | £54,652 |
3 Month Average | 16.499 % | £7,424 | £52,424 |
6 Month Average | 18.062 % | £8,128 | £53,128 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £52,709 | £52,000 | 48 THORNFIELD ROAD |
11 Apr 2023 | £80,820 | £79,950 | 52 THORNFIELD ROAD |
10 Feb 2023 | £74,950 | £75,000 | 31 THE BYE |
3 Jan 2023 | £74,648 | £75,000 | 51 PRIESTMAN AVENUE |
23 Nov 2022 | £86,947 | £88,000 | 13 PEMBERTON AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 19 May 2014. Using an estimated price of £63,314 means this house is valued at £822 per sq meter (£76 per sq foot).
The average size of a house on THORNFIELD ROAD is 85 sq meters (916 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Thornfield Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thornfield Road |
Apr 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Pemberton Avenue |
Apr 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Pemberton Avenue |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Pemberton Avenue |