£43,646
This estimated value is based upon the latest sale price for the house of £43,000 on 6 Nov 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £43,000 | 6 Nov 2023 |
| £54,500 | 28 Aug 2015 |
| £28,000 | 26 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 November 2023 the House Price Index for DURHAM was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £43,000 results in an estimated price of approximately £43,646.
| 6 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £43,000 | £646 | £43,646 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | 92.647 % | £39,838 | £82,838 |
| 3 Month Average | -8.337 % | £-3,585 | £39,414 |
| 6 Month Average | -7.379 % | £-3,172 | £39,827 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £43,646 | £43,000 | 58 ALBERT STREET |
| 14 Sep 2023 | £72,932 | £71,999 | 19 DENT STREET |
| 11 Sep 2023 | £43,557 | £43,000 | 49 ALBERT STREET |
| 8 Sep 2023 | £57,232 | £56,500 | 21 DENT STREET |
| 29 Jun 2023 | £56,181 | £55,500 | 71 ALBERT STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 18 Nov 2014. Using an estimated price of £43,646 means this house is valued at £484 per sq meter (£45 per sq foot).
The average size of a house on ALBERT STREET is 102 sq meters (1,099 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Albert Street |
| Apr 2024 | Other theft | Under investigation | On or near Albert Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albert Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Paul'S Terrace |