£105,854
This estimated value is based upon the latest sale price for the house of £73,000 on 6 Jul 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £73,000 | 6 Jul 2015 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 July 2015 the House Price Index for COUNTY DURHAM was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £73,000 results in an estimated price of approximately £105,854.
| 6 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £73,000 | £32,854 | £105,854 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -32.196 % | £-23,502 | £49,497 |
| 3 Month Average | -7.447 % | £-5,436 | £67,563 |
| 6 Month Average | 3.371 % | £2,461 | £75,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £118,025 | £117,000 | 94 PRINCESS ROAD |
| 7 Oct 2022 | £114,617 | £115,000 | 114 PRINCESS ROAD |
| 28 Sep 2022 | £94,937 | £95,000 | 102 PRINCESS ROAD |
| 27 May 2022 | £131,424 | £128,000 | 118 PRINCESS ROAD |
| 25 Mar 2022 | £130,492 | £125,000 | 5 ASHCROFT MEWS |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 14 Jun 2014. Using an estimated price of £105,854 means this house is valued at £1,323 per sq meter (£122 per sq foot).
The average size of a house on PRINCESS ROAD is 113 sq meters (1,222 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dillon Street |
| May 2024 | Violence and sexual offences | Under investigation | On or near Princess Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ross Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ross Street |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ross Street |