£130,827
This estimated value is based upon the latest sale price for the house of £72,500 on 28 Nov 2008. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£72,500 | 28 Nov 2008 |
£28,000 | 21 Oct 1996 |
Terraced |
Freehold |
Floor Area: 65 sq meters or 699 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 2008 the House Price Index for DURHAM was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.452%.Applying this 80.452% change to the original purchase price of £72,500 results in an estimated price of approximately £130,827.
28 Nov 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.0 | 149.7 | 80.452 % | £72,500 | £58,327 | £130,827 |
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 | 38.547 % | £27,946 | £100,446 |
3 Month Average | 0.565 % | £409 | £72,909 |
6 Month Average | -9.521 % | £-6,902 | £65,597 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Mar 2024 | £51,288 | £50,500 | 3 WEST TERRACE |
20 Dec 2023 | £77,378 | £75,000 | 7 HEATH ROAD |
21 Nov 2023 | £56,432 | £55,000 | 79 HEATH ROAD |
10 Nov 2023 | £66,693 | £65,000 | 59 HEATH ROAD |
20 Oct 2023 | £70,604 | £69,000 | 78 CENTRAL DRIVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 17 Sep 2014. Using an estimated price of £130,828 means this house is valued at £2,012 per sq meter (£186 per sq foot).
The average size of a house on HEATH ROAD is 85 sq meters (916 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Heath Road |
Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Heath Road |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Heath Road |
Apr 2024 | Theft from the person | Under investigation | On or near Heath Road |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Heath Road |