£123,233
This estimated value is based upon the latest sale price for the house of £70,600 on 12 May 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £70,600 | 12 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 May 2006 the House Price Index for DURHAM was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £70,600 results in an estimated price of approximately £123,233.
| 12 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £70,600 | £52,633 | £123,233 |
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 | -22.354 % | £-15,781 | £54,818 |
| 3 Month Average | -14.480 % | £-10,222 | £60,377 |
| 6 Month Average | -0.797 % | £-562 | £70,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £54,962 | £54,000 | 30 BAFF STREET |
| 12 Dec 2023 | £53,944 | £53,000 | 29 BAFF STREET |
| 6 Jul 2023 | £50,682 | £50,000 | 46 BAFF STREET |
| 30 Jun 2023 | £51,119 | £50,500 | 33 SOUTH STREET |
| 30 Jun 2023 | £63,772 | £63,000 | 23 STRATTON STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 9 Jun 2013. Using an estimated price of £123,234 means this house is valued at £1,484 per sq meter (£137 per sq foot).
The average size of a house on SOUTH STREET is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near South Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near South Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near South Street |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Stratton Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stratton Street |