£44,808
This estimated value is based upon the latest sale price for the house of £44,000 on 4 Aug 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £44,000 | 4 Aug 2023 |
| £56,250 | 4 Aug 2023 |
| £39,999 | 13 Feb 2017 |
| £29,000 | 11 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 August 2023 the House Price Index for COUNTY DURHAM was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £44,000 results in an estimated price of approximately £44,808.
| 4 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £44,000 | £808 | £44,808 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | 55.601 % | £24,464 | £68,464 |
| 3 Month Average | 2.863 % | £1,259 | £45,259 |
| 6 Month Average | 0.980 % | £431 | £44,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jun 2024 | £46,500 | £46,500 | 22 WESTCOTT TERRACE |
| 4 Apr 2024 | £69,603 | £68,999 | 49 BESSEMER STREET |
| 20 Dec 2023 | £62,934 | £61,000 | 57 BESSEMER STREET |
| 23 Nov 2023 | £71,822 | £69,999 | 53 BESSEMER STREET |
| 21 Nov 2023 | £67,719 | £66,000 | 29 WESTCOTT TERRACE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 26 Nov 2021. Using an estimated price of £44,808 means this house is valued at £658 per sq meter (£61 per sq foot).
The average size of a house on BESSEMER STREET is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Investigation complete; no suspect identified | On or near Bessemer Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bessemer Street |
| Sep 2024 | Anti-social behaviour | On or near Bessemer Street | |
| Sep 2024 | Anti-social behaviour | On or near Bessemer Street | |
| Sep 2024 | Other crime | Awaiting court outcome | On or near Bessemer Street |