£67,536
This estimated value is based upon the latest sale price for the house of £50,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £50,000 | 31 Mar 2016 |
| £77,000 | 11 Jun 2004 |
| £50,000 | 21 Feb 2003 |
| £23,000 | 15 Oct 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 March 2016 the House Price Index for DURHAM was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £50,000 results in an estimated price of approximately £67,536.
| 31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £50,000 | £17,536 | £67,536 |
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 | 20.698 % | £10,348 | £60,348 |
| 3 Month Average | -3.129 % | £-1,564 | £48,435 |
| 6 Month Average | 13.536 % | £6,768 | £56,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2022 | £94,239 | £95,000 | 102 PRINCESS ROAD |
| 27 May 2022 | £130,458 | £128,000 | 118 PRINCESS ROAD |
| 25 Mar 2022 | £129,533 | £125,000 | 5 ASHCROFT MEWS |
| 13 Sep 2021 | £113,686 | £105,500 | 16 DILLON STREET |
| 13 Aug 2021 | £94,827 | £85,000 | 11 PRINCESS ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 22 Oct 2013. Using an estimated price of £67,537 means this house is valued at £912 per sq meter (£84 per sq foot).
The average size of a house on PRINCESS ROAD is 113 sq meters (1,222 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Princess Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Princess Road |
| Jan 2024 | Anti-social behaviour | On or near Princess Road | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Princess Road |
| Jan 2024 | Anti-social behaviour | On or near Princess Road |