£112,532
This estimated value is based upon the latest sale price for the house of £69,950 on 21 May 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£69,950 | 21 May 2007 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 May 2007 the House Price Index for DURHAM was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £69,950 results in an estimated price of approximately £112,532.
21 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.1 | 149.7 | 60.875 % | £69,950 | £42,582 | £112,532 |
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 | 34.710 % | £24,279 | £94,229 |
3 Month Average | -7.563 % | £-5,290 | £64,659 |
6 Month Average | -12.571 % | £-8,793 | £61,156 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
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 |
17 Oct 2023 | £71,627 | £70,000 | 60 BRIAR CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 27 May 2021. Using an estimated price of £112,532 means this house is valued at £1,541 per sq meter (£143 per sq foot).
The average size of a house on HEATH ROAD is 85 sq meters (916 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Central Drive |
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 | Theft from the person | Under investigation | On or near Heath Road |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Heath Road |