£102,371
This estimated value is based upon the latest sale price for the house of £60,000 on 27 Apr 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£60,000 | 27 Apr 2012 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 987 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 April 2012 the House Price Index for COUNTY DURHAM was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £60,000 results in an estimated price of approximately £102,371.
27 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 148.6 | 70.620 % | £60,000 | £42,371 | £102,371 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 41.575 % | £24,944 | £84,944 |
3 Month Average | 21.878 % | £13,126 | £73,126 |
6 Month Average | 17.862 % | £10,717 | £70,717 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jul 2023 | £48,148 | £47,500 | 28 GILL CRESCENT NORTH |
20 Jun 2023 | £40,490 | £40,000 | 16 GILL CRESCENT SOUTH |
7 Feb 2023 | £68,954 | £69,000 | 16 SYDNEY STREET |
28 Oct 2022 | £9,893 | £10,000 | 3 SCHOOL TERRACE |
24 Oct 2022 | £64,308 | £65,000 | 11 SYDNEY STREET |
This house has a floor area of 91 sq meters or 987 sq feet when measured on 7 Sep 2011. Using an estimated price of £102,372 means this house is valued at £1,116 per sq meter (£103 per sq foot).
The average size of a house on SCHOOL TERRACE is 132 sq meters (1,423 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Sydney Street |
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Sydney Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Sydney Street |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sydney Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Sydney Street |