£76,849
This estimated value is based upon the latest sale price for the house of £45,000 on 28 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 |
|---|---|
| £45,000 | 28 Jan 2013 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 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 £45,000 results in an estimated price of approximately £76,849.
| 28 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.776 % | £45,000 | £31,849 | £76,849 |
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 % | £-10,859 | £34,140 |
| 3 Month Average | 6.199 % | £2,789 | £47,789 |
| 6 Month Average | 14.412 % | £6,485 | £51,485 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £72,000 | £72,000 | 153 THE AVENUE |
| 4 Aug 2023 | £96,745 | £95,000 | 9 COLLING AVENUE |
| 16 Jun 2023 | £79,085 | £77,500 | 57 GRANTHAM AVENUE |
| 13 Oct 2022 | £57,807 | £58,000 | 83 PORTLAND AVENUE |
| 26 Aug 2022 | £105,493 | £105,000 | 100 BETHUNE AVENUE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 13 Aug 2012. Using an estimated price of £76,849 means this house is valued at £1,506 per sq meter (£139 per sq foot).
The average size of a house on BETHUNE AVENUE is 62 sq meters (670 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near The Avenue |
| Jul 2024 | Public order | Formal action is not in the public interest | On or near The Avenue |
| Jul 2024 | Anti-social behaviour | On or near The Avenue | |
| Jun 2024 | Other theft | Under investigation | On or near The Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Avenue |