£38,541
This estimated value is based upon the latest sale price for the house of £33,000 on 10 Nov 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£33,000 | 10 Nov 2020 |
£36,500 | 13 Jan 2012 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 November 2020 the House Price Index for COUNTY DURHAM was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £33,000 results in an estimated price of approximately £38,541.
10 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £33,000 | £5,541 | £38,541 |
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 | 14.824 % | £4,891 | £37,891 |
3 Month Average | 35.000 % | £11,550 | £44,550 |
6 Month Average | 26.370 % | £8,702 | £41,702 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Mar 2024 | £56,874 | £56,000 | 16 SECOND STREET |
19 Dec 2023 | £51,585 | £50,000 | 49 THIRD STREET |
13 Dec 2023 | £82,485 | £79,950 | 43 THIRD STREET |
1 Dec 2023 | £41,267 | £39,999 | 56 FOURTH STREET |
10 Oct 2023 | £20,465 | £20,000 | 45 FOURTH STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 24 Jul 2020. Using an estimated price of £38,542 means this house is valued at £602 per sq meter (£55 per sq foot).
The average size of a house on THIRD STREET is 94 sq meters (1,020 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
Aug 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Sports/Recreation Area |