£118,817
This estimated value is based upon the latest sale price for the house of £70,000 on 23 Apr 2010. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£70,000 | 23 Apr 2010 |
£13,000 | 22 Dec 1999 |
£13,000 | 7 Jul 1995 |
Terraced |
Freehold |
Floor Area: 112 sq meters or 1,205 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 April 2010 the House Price Index for COUNTY DURHAM was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £70,000 results in an estimated price of approximately £118,817.
23 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.6 | 69.740 % | £70,000 | £48,817 | £118,817 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -28.233 % | £-19,762 | £50,237 |
3 Month Average | -19.948 % | £-13,963 | £56,036 |
6 Month Average | -19.528 % | £-13,669 | £56,330 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £50,840 | £49,950 | 24 ELM TERRACE |
13 Sep 2023 | £28,616 | £28,250 | 10 SEYMOUR STREET |
27 Apr 2023 | £80,871 | £80,000 | 4 BEACH GROVE |
24 Mar 2023 | £44,418 | £44,000 | 6 BRAEMAR TERRACE |
1 Feb 2023 | £82,944 | £83,000 | 5 ADAM STREET |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 18 Feb 2014. Using an estimated price of £118,818 means this house is valued at £1,060 per sq meter (£98 per sq foot).
The average size of a house on SEYMOUR STREET is 150 sq meters (1,616 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Seymour Street |
Jan 2024 | Other theft | Under investigation | On or near Seymour Street |
Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Murray Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Murray Street |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rogers Close |