£73,897
This estimated value is based upon the latest sale price for the house of £50,000 on 16 Feb 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£50,000 | 16 Feb 2015 |
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 February 2015 the House Price Index for COUNTY DURHAM was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £50,000 results in an estimated price of approximately £73,897.
16 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 148.6 | 47.794 % | £50,000 | £23,897 | £73,897 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | -32.613 % | £-16,306 | £33,693 |
3 Month Average | -3.392 % | £-1,696 | £48,303 |
6 Month Average | 8.252 % | £4,125 | £54,125 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £212,500 | £212,500 | 21 FEATHERSTONE ROAD |
8 Dec 2023 | £96,692 | £95,000 | 52 FARNHAM ROAD |
5 Dec 2023 | £103,816 | £102,000 | 74 FARNHAM ROAD |
5 Jul 2023 | £131,774 | £130,000 | 102 FARNHAM ROAD |
20 Jan 2023 | £248,828 | £250,000 | 75 FARNHAM ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 5 Dec 2014. Using an estimated price of £73,897 means this house is valued at £849 per sq meter (£78 per sq foot).
The average size of a house on FARNHAM ROAD is 91 sq meters (983 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farnham Road |
Feb 2024 | Other crime | Under investigation | On or near Kirkham Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Kirkham Road |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Farnham Close |
Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Langley Road |