£154,554
This estimated value is based upon the latest sale price for the house of £91,500 on 11 Oct 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £91,500 | 11 Oct 2006 |
| Terraced |
| Leasehold |
| Floor Area: 54 sq meters or 590 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 2006 the House Price Index for DURHAM was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £91,500 results in an estimated price of approximately £154,554.
| 11 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £91,500 | £63,054 | £154,554 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 14.533 % | £13,297 | £104,797 |
| 3 Month Average | 18.633 % | £17,049 | £108,549 |
| 6 Month Average | 19.257 % | £17,619 | £109,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £223,306 | £220,000 | 17 BARNARD CLOSE |
| 28 Sep 2023 | £187,396 | £185,000 | 19 BARNARD CLOSE |
| 4 Sep 2023 | £260,323 | £256,995 | 106 ROCHESTER ROAD |
| 16 Jun 2023 | £212,575 | £210,000 | 5 ROCHESTER ROAD |
| 14 Apr 2023 | £202,177 | £200,000 | 2 EMBLETON CLOSE |
This house has a floor area of 54 sq meters or 590 sq feet when measured on 23 May 2011. Using an estimated price of £154,555 means this house is valued at £2,818 per sq meter (£261 per sq foot).
The average size of a house on ROCHESTER ROAD is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Rochester Road |
| Feb 2024 | Burglary | Under investigation | On or near Richmond Road |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Richmond Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Road |
| Dec 2023 | Violence and sexual offences | Further investigation is not in the public interest | On or near Richmond Road |