£81,330
This estimated value is based upon the latest sale price for the house of £80,000 on 26 Apr 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £80,000 | 26 Apr 2022 |
| £80,000 | 1 Dec 2006 |
| £59,000 | 16 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 sq feet |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in April 2022 the House Price Index for DURHAM was 144.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 1.663%.Applying this 1.663% change to the original purchase price of £80,000 results in an estimated price of approximately £81,330.
| 26 Apr 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 146.7 | 1.663 % | £80,000 | £1,330 | £81,330 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | -37.138 % | £-29,710 | £50,289 |
| 3 Month Average | -9.366 % | £-7,493 | £72,506 |
| 6 Month Average | -2.130 % | £-1,704 | £78,295 |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 29 Oct 2021.
The average size of a house on TYNE ROAD is 119 sq meters (1,284 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Spen Street |
| Jan 2024 | Shoplifting | Suspect charged as part of another case | On or near Spen Street |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Spen Street |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Spen Street |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Spen Street |