£365,063
This estimated value is based upon the latest sale price for the house of £311,200 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£311,200 | 16 Oct 2020 |
Detached |
Freehold |
Floor Area: 126 sq meters or 1,356 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 2020 the House Price Index for COUNTY DURHAM was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £311,200 results in an estimated price of approximately £365,063.
16 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £311,200 | £53,863 | £365,063 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | 58.402 % | £181,746 | £492,946 |
3 Month Average | -18.020 % | £-56,079 | £255,120 |
6 Month Average | -23.072 % | £-71,799 | £239,400 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Dec 2023 | £30,534 | £30,000 | 1 CLIFFORD STREET |
16 Jun 2023 | £227,759 | £225,000 | OLMA DURHAM ROAD |
28 Apr 2023 | £144,051 | £142,500 | 3 JOLLIFFE STREET |
6 Apr 2023 | £144,556 | £143,000 | 11 JOLLIFFE STREET |
3 Nov 2022 | £83,983 | £85,000 | 15 CLIFFORD STREET |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 17 Jul 2019. Using an estimated price of £365,063 means this house is valued at £2,897 per sq meter (£269 per sq foot).
The average size of a house on DURHAM ROAD is 160 sq meters (1,731 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jolliffe Street |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Coronation Street |
Mar 2024 | Anti-social behaviour | On or near Orchard Gardens | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near York Terrace |
Feb 2024 | Violence and sexual offences | Under investigation | On or near York Terrace |