£43,991
This estimated value is based upon the latest sale price for the house of £34,950 on 28 Feb 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £34,950 | 28 Feb 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 February 2018 the House Price Index for COUNTY DURHAM was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £34,950 results in an estimated price of approximately £43,991.
| 28 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £34,950 | £9,041 | £43,991 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 80.597 % | £28,168 | £63,118 |
| 3 Month Average | 28.792 % | £10,062 | £45,012 |
| 6 Month Average | 16.354 % | £5,715 | £40,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £87,342 | £86,000 | 4 - 6 HIGH STREET |
| 20 Dec 2023 | £7,451,073 | £7,222,116 | ASDA STORES LTD ST ANDREWS LANE |
| 15 Dec 2023 | £94,917 | £92,000 | 1 OHANLAN STREET |
| 31 Oct 2023 | £102,324 | £100,000 | 36 KING STREET |
| 10 Aug 2023 | £38,484 | £37,790 | 46 KING STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 11 Oct 2021. Using an estimated price of £43,992 means this house is valued at £602 per sq meter (£55 per sq foot).
There is one other house on the street which we know the size of, this is 37 CHEAPSIDE it is 156.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheapside |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheapside |
| Jul 2024 | Vehicle crime | Under investigation | On or near Cheapside |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cheapside |
| Jul 2024 | Other theft | Under investigation | On or near Cheapside |