£87,640
This estimated value is based upon the latest sale price for the house of £53,000 on 16 Aug 2013. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£53,000 | 16 Aug 2013 |
£25,000 | 4 Jul 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 409 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 2013 the House Price Index for COUNTY DURHAM was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £53,000 results in an estimated price of approximately £87,640.
16 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.9 | 148.6 | 65.360 % | £53,000 | £34,640 | £87,640 |
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 | -29.193 % | £-15,472 | £37,527 |
3 Month Average | -22.007 % | £-11,663 | £41,336 |
6 Month Average | -8.601 % | £-4,558 | £48,441 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £93,638 | £92,000 | 1 OHANLAN STREET |
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 |
1 Feb 2023 | £114,923 | £115,000 | 47 DURHAM ROAD |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 28 Apr 2013. Using an estimated price of £87,641 means this house is valued at £2,306 per sq meter (£214 per sq foot).
The average size of a house on KING STREET is 75 sq meters (809 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near King Street |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near King Street |
Jan 2024 | Burglary | Under investigation | On or near Brook Street |
Feb 2024 | Drugs | Formal action is not in the public interest | On or near Burn Terrace |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burn Terrace |