£90,327
This estimated value is based upon the latest sale price for the house of £28,000 on 16 Nov 2001. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£28,000 | 16 Nov 2001 |
£15,500 | 28 Jul 1999 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 November 2001 the House Price Index for DURHAM was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £28,000 results in an estimated price of approximately £90,327.
16 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.4 | 149.7 | 222.599 % | £28,000 | £62,327 | £90,327 |
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 | 117.777 % | £32,977 | £60,977 |
3 Month Average | 164.823 % | £46,150 | £74,150 |
6 Month Average | 158.932 % | £44,501 | £72,501 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £50,780 | £50,000 | 9 MITCHELL STREET |
1 Mar 2024 | £64,999 | £64,000 | 17 NEALE STREET |
13 Sep 2023 | £88,450 | £86,500 | 16 FROSTERLEY GARDENS |
11 Aug 2023 | £60,084 | £59,000 | 7 STANHOPE GARDENS |
20 Jan 2023 | £99,265 | £99,000 | 32 FRONT STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 20 Jun 2013. Using an estimated price of £90,328 means this house is valued at £1,237 per sq meter (£114 per sq foot).
The average size of a house on STANHOPE GARDENS is 84 sq meters (905 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Railway Gardens | |
Sep 2024 | Anti-social behaviour | On or near Railway Gardens | |
Jul 2024 | Anti-social behaviour | On or near Railway Gardens | |
Jul 2024 | Anti-social behaviour | On or near Railway Gardens | |
Jul 2024 | Anti-social behaviour | On or near Railway Gardens |