£38,924
This estimated value is based upon the latest sale price for the house of £26,000 on 30 Oct 2014. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£26,000 | 30 Oct 2014 |
£20,000 | 9 Jun 2014 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 October 2014 the House Price Index for COUNTY DURHAM was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £26,000 results in an estimated price of approximately £38,924.
30 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 148.6 | 49.711 % | £26,000 | £12,924 | £38,924 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | 20.275 % | £5,271 | £31,271 |
3 Month Average | 12.353 % | £3,211 | £29,211 |
6 Month Average | 9.811 % | £2,550 | £28,550 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £81,202 | £80,000 | 24 BARRINGTON TERRACE |
23 Nov 2023 | £71,051 | £69,999 | 56 RENNIE STREET |
5 Sep 2023 | £55,712 | £55,000 | 15 WATT STREET |
20 Jul 2023 | £78,049 | £76,999 | 29 BARRINGTON TERRACE |
23 Jun 2023 | £60,736 | £60,000 | 35 BARRINGTON TERRACE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 23 Apr 2013. Using an estimated price of £38,925 means this house is valued at £447 per sq meter (£41 per sq foot).
The average size of a house on WATT STREET is 69 sq meters (750 sq feet).
This house is the largest in the street with a floor area of 87 sq meters (936 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newcomen Street |
Jan 2024 | Anti-social behaviour | On or near Newcomen Street | |
Jan 2024 | Anti-social behaviour | On or near Newcomen Street | |
Jan 2024 | Anti-social behaviour | On or near Newcomen Street | |
Jan 2024 | Anti-social behaviour | On or near Newcomen Street |