£176,612
This estimated value is based upon the latest sale price for the house of £100,000 on 10 Mar 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £100,000 | 10 Mar 2006 |
| £77,500 | 29 Sep 2005 |
| £39,950 | 25 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 2006 the House Price Index for DURHAM was 84.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 76.613%.Applying this 76.613% change to the original purchase price of £100,000 results in an estimated price of approximately £176,612.
| 10 Mar 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 148.6 | 76.613 % | £100,000 | £76,612 | £176,612 |
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 | -15.807 % | £-15,807 | £84,192 |
| 3 Month Average | -3.654 % | £-3,653 | £96,346 |
| 6 Month Average | 0.679 % | £678 | £100,678 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £7,350,730 | £7,222,116 | ASDA STORES LTD ST ANDREWS LANE |
| 8 Dec 2023 | £66,158 | £65,000 | 15 ST ANDREWS HOUSE BISHOPS CLOSE |
| 21 Jul 2023 | £88,694 | £87,500 | 55 ROWAN COURT |
| 20 Jun 2023 | £66,809 | £66,000 | 37 BAMBURGH PARADE |
| 28 Apr 2023 | £60,653 | £60,000 | 83 ROWAN COURT |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 12 Oct 2012. Using an estimated price of £176,613 means this house is valued at £3,270 per sq meter (£303 per sq foot).
The average size of a house on ROWAN COURT is 59 sq meters (638 sq feet).