£32,709
This estimated value is based upon the latest sale price for the house of £28,500 on 8 Dec 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £28,500 | 8 Dec 2020 |
| £22,000 | 29 Sep 2020 |
| £75,000 | 29 Aug 2006 |
| £48,000 | 10 Mar 2006 |
| £32,000 | 5 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 December 2020 the House Price Index for DURHAM was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £28,500 results in an estimated price of approximately £32,709.
| 8 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £28,500 | £4,209 | £32,709 |
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 | -15.869 % | £-4,522 | £23,977 |
| 3 Month Average | -4.662 % | £-1,328 | £27,171 |
| 6 Month Average | -1.981 % | £-564 | £27,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £60,902 | £60,000 | 79 THIRD STREET |
| 13 Sep 2023 | £28,616 | £28,250 | 10 SEYMOUR STREET |
| 21 Jul 2023 | £38,468 | £37,950 | 127 THIRD STREET |
| 14 Jun 2023 | £73,895 | £73,000 | 128 THIRD STREET |
| 27 Apr 2023 | £80,871 | £80,000 | 4 BEACH GROVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 4 Mar 2016. Using an estimated price of £32,710 means this house is valued at £503 per sq meter (£46 per sq foot).
The average size of a house on HOPE AVENUE is 94 sq meters (1,011 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beach Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beach Grove |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beach Grove |