£38,677
This estimated value is based upon the latest sale price for the house of £35,500 on 29 Nov 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £35,500 | 29 Nov 2021 |
| £13,000 | 14 Jun 2013 |
| £15,000 | 28 Nov 2011 |
| £35,000 | 1 Nov 2005 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 November 2021 the House Price Index for COUNTY DURHAM was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £35,500 results in an estimated price of approximately £38,677.
| 29 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £35,500 | £3,177 | £38,677 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | 14.761 % | £5,240 | £40,740 |
| 3 Month Average | -1.014 % | £-359 | £35,140 |
| 6 Month Average | -14.143 % | £-5,020 | £30,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jun 2024 | £29,125 | £29,125 | 9 ANTHONY STREET |
| 9 May 2024 | £44,000 | £44,000 | 5 AVON STREET |
| 10 Apr 2024 | £31,272 | £31,000 | 6 AVON STREET |
| 22 Mar 2024 | £50,780 | £50,000 | 39A SEASIDE LANE |
| 4 Mar 2024 | £55,858 | £55,000 | 8 ANGUS STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 16 Nov 2021. Using an estimated price of £38,678 means this house is valued at £466 per sq meter (£43 per sq foot).
The average size of a house on AVON STREET is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Avon Street |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Avon Street |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Angus Street |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Angus Street |
| Sep 2024 | Other theft | Under investigation | On or near Angus Street |