£58,094
This estimated value is based upon the latest sale price for the house of £47,000 on 26 Sep 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £47,000 | 26 Sep 2019 |
| £50,000 | 1 Apr 2014 |
| £78,000 | 23 Nov 2007 |
| £40,000 | 6 Aug 2007 |
| £11,250 | 5 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 September 2019 the House Price Index for DURHAM was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £47,000 results in an estimated price of approximately £58,094.
| 26 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £47,000 | £11,094 | £58,094 |
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 | 16.741 % | £7,868 | £54,868 |
| 3 Month Average | 29.088 % | £13,671 | £60,671 |
| 6 Month Average | 13.121 % | £6,167 | £53,167 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £154,000 | £154,000 | CHARITY HOUSE, 24A FRONT STREET |
| 1 Mar 2024 | £53,827 | £53,000 | 4 EDWARD STREET |
| 24 Mar 2023 | £55,934 | £55,000 | 6 EDWARD STREET |
| 11 Nov 2022 | £80,623 | £81,000 | 6 HORSLEY CLOSE |
| 14 Jul 2022 | £100,002 | £99,000 | 9 HORSLEY CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 11 Jun 2013. Using an estimated price of £58,094 means this house is valued at £854 per sq meter (£79 per sq foot).
The average size of a house on EDWARD STREET is 104 sq meters (1,122 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Edward Street | |
| Jul 2024 | Public order | Under investigation | On or near Edward Street |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near John Street |
| Oct 2024 | Burglary | Under investigation | On or near Horsley Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Horsley Close |