£145,561
This estimated value is based upon the latest sale price for the house of £90,000 on 23 Mar 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£90,000 | 23 Mar 2007 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 March 2007 the House Price Index for DURHAM was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £90,000 results in an estimated price of approximately £145,561.
23 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 148.6 | 61.735 % | £90,000 | £55,561 | £145,561 |
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 | -30.073 % | £-27,065 | £62,934 |
3 Month Average | -22.918 % | £-20,626 | £69,373 |
6 Month Average | -13.122 % | £-11,810 | £78,189 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £84,197 | £82,950 | 36 MOORSIDE |
31 Aug 2023 | £105,927 | £105,000 | 85 LYNE ROAD |
1 Aug 2023 | £69,609 | £69,000 | 32 BRIAR CLOSE |
20 Jul 2023 | £226,042 | £223,000 | 3 SNOWDROP CLOSE |
20 Mar 2023 | £72,180 | £71,500 | 49 MOORSIDE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 20 Mar 2017. Using an estimated price of £145,561 means this house is valued at £1,692 per sq meter (£157 per sq foot).
The average size of a house on NORTH DRIVE is 99 sq meters (1,067 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near North Drive | |
Feb 2024 | Anti-social behaviour | On or near North Drive | |
Feb 2024 | Anti-social behaviour | On or near North Drive | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Heather Grove |
Jan 2024 | Other crime | Under investigation | On or near Heather Grove |