£66,912
This estimated value is based upon the latest sale price for the house of £67,500 on 23 Jan 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£67,500 | 23 Jan 2023 |
£28,000 | 19 Mar 2019 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 January 2023 the House Price Index for COUNTY DURHAM was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £67,500 results in an estimated price of approximately £66,912.
23 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 148.0 | -0.871 % | £67,500 | £-587 | £66,912 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | -20.863 % | £-14,082 | £53,417 |
3 Month Average | -31.544 % | £-21,292 | £46,207 |
6 Month Average | -26.482 % | £-17,875 | £49,624 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £44,149 | £44,000 | 26 CHEAPSIDE |
23 Nov 2023 | £50,650 | £50,000 | 8 FOUNDRY STREET |
24 Mar 2023 | £52,584 | £52,300 | 20 FOUNDRY STREET |
3 Mar 2023 | £178,465 | £177,500 | 12 STEPHENSON COURT |
3 Feb 2023 | £58,722 | £59,000 | 3 WAVERLEY TERRACE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 27 Nov 2018. Using an estimated price of £66,912 means this house is valued at £816 per sq meter (£75 per sq foot).
There is one other house on the street which we know the size of, this is 4 PHOENIX PLACE it is 112.11
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Temperance Avenue |
Jan 2024 | Drugs | Further investigation is not in the public interest | On or near Temperance Avenue |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Queen Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Queen Street |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Queen Street |