£791,131
This estimated value is based upon the latest sale price for the house of £715,000 on 22 Oct 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £715,000 | 22 Oct 2021 |
| Detached |
| Freehold |
| Floor Area: 213 sq meters or 2,292 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 October 2021 the House Price Index for COUNTY DURHAM was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £715,000 results in an estimated price of approximately £791,131.
| 22 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £715,000 | £76,131 | £791,131 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | -27.467 % | £-196,388 | £518,611 |
| 3 Month Average | -9.459 % | £-67,628 | £647,371 |
| 6 Month Average | 4.035 % | £28,850 | £743,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £215,693 | £212,500 | APARTMENT 6 FINNEY COURT FINNEY TERRACE |
| 30 Nov 2023 | £215,693 | £212,500 | APARTMENT 14 FINNEY COURT FINNEY TERRACE |
| 28 Feb 2023 | £304,795 | £305,000 | APARTMENT 8 FINNEY COURT FINNEY TERRACE |
| 18 Jan 2023 | £258,781 | £260,000 | 1 FREEMANS QUAY |
| 18 Jul 2022 | £174,470 | £174,000 | 4 FREEMANS QUAY |
This house has a floor area of 213 sq meters or 2,292 sq feet when measured on 5 Jun 2014. Using an estimated price of £791,132 means this house is valued at £3,714 per sq meter (£345 per sq foot).
The average size of a house on SIDEGATE is 137 sq meters (1,478 sq feet).
This house is the largest in the street with a floor area of 213 sq meters (2,292 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Sidegate |
| Jan 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Jan 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Jan 2024 | Anti-social behaviour | On or near Further/Higher Educational Building |