£40,015
This estimated value is based upon the latest sale price for the house of £39,000 on 7 Nov 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £39,000 | 7 Nov 2023 |
| £34,000 | 2 Aug 2023 |
| £31,000 | 20 Sep 2013 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2023 the House Price Index for COUNTY DURHAM was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £39,000 results in an estimated price of approximately £40,015.
| 7 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £39,000 | £1,015 | £40,015 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | -13.230 % | £-5,159 | £33,840 |
| 3 Month Average | 1.499 % | £584 | £39,584 |
| 6 Month Average | -7.970 % | £-3,108 | £35,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £88,000 | £88,000 | 16 BURNHOPE |
| 7 Nov 2023 | £40,016 | £39,000 | 100 SILVERDALE PLACE |
| 27 Oct 2023 | £39,906 | £39,000 | 55 LANGDALE PLACE |
| 20 Oct 2023 | £60,371 | £59,000 | 108 SILVERDALE PLACE |
| 13 Sep 2023 | £78,736 | £77,000 | 21 BURNHOPE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 12 Nov 2014. Using an estimated price of £40,016 means this house is valued at £444 per sq meter (£41 per sq foot).
The average size of a house on SILVERDALE PLACE is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Silverdale Place | |
| Jul 2024 | Vehicle crime | Under investigation | On or near Silverdale Place |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Silverdale Place |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Silverdale Place |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silverdale Place |