£381,538
This estimated value is based upon the latest sale price for the house of £222,500 on 31 Jul 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £222,500 | 31 Jul 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,354 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 July 2012 the House Price Index for COUNTY DURHAM was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £222,500 results in an estimated price of approximately £381,538.
| 31 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £222,500 | £159,038 | £381,538 |
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 | 14.490 % | £32,241 | £254,741 |
| 3 Month Average | 24.448 % | £54,395 | £276,895 |
| 6 Month Average | 27.528 % | £61,249 | £283,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £204,508 | £200,000 | 9 PROSPECT TERRACE |
| 3 Apr 2023 | £300,623 | £295,000 | 10 KELLS BUILDINGS |
| 31 Mar 2023 | £218,652 | £215,000 | 15 CROSS VIEW TERRACE |
| 9 Mar 2023 | £305,095 | £300,000 | 1 CROSS VIEW TERRACE |
| 8 Aug 2022 | £386,809 | £385,000 | 12 NEVILLES CROSS VILLAS |
This house has a floor area of 125 sq meters or 1,354 sq feet when measured on 9 Dec 2008. Using an estimated price of £381,538 means this house is valued at £3,030 per sq meter (£281 per sq foot).
The average size of a house on NEVILLES CROSS VILLAS is 124 sq meters (1,335 sq feet).
This house is the largest in the street with a floor area of 125 sq meters (1,354 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Neville'S Cross Bank |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alma Terrace |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alma Terrace |
| Aug 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Alma Terrace |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alma Terrace |