£80,264
This estimated value is based upon the latest sale price for the house of £47,000 on 22 Jan 2013. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£47,000 | 22 Jan 2013 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 656 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 2013 the House Price Index for COUNTY DURHAM was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £47,000 results in an estimated price of approximately £80,264.
22 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.776 % | £47,000 | £33,264 | £80,264 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -24.133 % | £-11,342 | £35,657 |
3 Month Average | 6.199 % | £2,913 | £49,913 |
6 Month Average | 14.412 % | £6,773 | £53,773 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £71,092 | £70,000 | 30 HILL STREET |
19 Dec 2023 | £92,853 | £90,000 | 12 HILL STREET |
30 Oct 2023 | £286,507 | £280,000 | VINCENT LODGE VINCENT STREET |
13 Oct 2023 | £92,086 | £89,995 | 3 UNION STREET |
5 Oct 2023 | £76,743 | £75,000 | 19 HILL STREET |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 8 Jun 2012. Using an estimated price of £80,265 means this house is valued at £1,315 per sq meter (£122 per sq foot).
The average size of a house on HILL STREET is 77 sq meters (836 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vincent Street |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vincent Street |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near James Street |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Margaret Street |
May 2024 | Anti-social behaviour | On or near Margaret Street |