£131,818
This estimated value is based upon the latest sale price for the house of £93,000 on 28 Oct 2015. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£93,000 | 28 Oct 2015 |
£94,000 | 6 Jul 2007 |
Semi-Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 October 2015 the House Price Index for DURHAM was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £93,000 results in an estimated price of approximately £131,818.
28 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 149.7 | 41.740 % | £93,000 | £38,818 | £131,818 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -23.241 % | £-21,614 | £71,385 |
3 Month Average | -11.626 % | £-10,812 | £82,187 |
6 Month Average | -9.183 % | £-8,540 | £84,459 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Sep 2023 | £28,887 | £28,250 | 10 SEYMOUR STREET |
27 Apr 2023 | £81,525 | £80,000 | 4 BEACH GROVE |
24 Mar 2023 | £44,747 | £44,000 | 6 BRAEMAR TERRACE |
1 Feb 2023 | £83,558 | £83,000 | 5 ADAM STREET |
25 Nov 2022 | £40,809 | £41,000 | 3 BRAEMAR TERRACE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 9 Feb 2015. Using an estimated price of £131,818 means this house is valued at £2,272 per sq meter (£211 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Beach Grove |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beach Grove |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Beach Grove |
May 2024 | Other theft | Unable to prosecute suspect | On or near Beach Grove |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beach Grove |