£50,360
This estimated value is based upon the latest sale price for the house of £42,000 on 7 Aug 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Brook Street
More crime details
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| Price Paid | Date |
|---|---|
| £42,000 | 7 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 August 2020 the House Price Index for COUNTY DURHAM was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £42,000 results in an estimated price of approximately £50,360.
| 7 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £42,000 | £8,360 | £50,360 |
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 | -9.311 % | £-3,910 | £38,089 |
| 3 Month Average | -15.885 % | £-6,671 | £35,328 |
| 6 Month Average | 4.813 % | £2,021 | £44,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £93,638 | £92,000 | 1 OHANLAN STREET |
| 18 Aug 2023 | £40,352 | £39,999 | 30 DURHAM ROAD |
| 10 Aug 2023 | £38,124 | £37,790 | 46 KING STREET |
| 2 Jun 2023 | £63,772 | £63,000 | 34 KING STREET |
| 24 Feb 2023 | £54,963 | £55,000 | 15 BURN TERRACE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 3 Dec 2019. Using an estimated price of £50,361 means this house is valued at £751 per sq meter (£69 per sq foot).
The average size of a house on BROOK STREET is 75 sq meters (810 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Brook Street |
| Feb 2024 | Possession of weapons | Under investigation | On or near Burn Terrace |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burn Terrace |
| Feb 2024 | Drugs | Formal action is not in the public interest | On or near Burn Terrace |
| Feb 2024 | Vehicle crime | Local resolution | On or near Vine Street |