£94,592
This estimated value is based upon the latest sale price for the house of £76,000 on 14 Jun 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£76,000 | 14 Jun 2019 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 June 2019 the House Price Index for COUNTY DURHAM was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £76,000 results in an estimated price of approximately £94,592.
14 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.463 % | £76,000 | £18,592 | £94,592 |
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 | -38.390 % | £-29,176 | £46,823 |
3 Month Average | -8.450 % | £-6,422 | £69,577 |
6 Month Average | 2.571 % | £1,954 | £77,954 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Mar 2024 | £81,248 | £80,000 | 21 NEWCASTLE TERRACE |
6 Oct 2023 | £92,092 | £90,000 | 4 VICTORIA COURT |
9 Jun 2023 | £33,031 | £32,369 | 4 NEWCASTLE TERRACE |
31 Mar 2023 | £101,698 | £100,000 | 20 GARDEN AVENUE |
3 Mar 2023 | £101,698 | £100,000 | 6 DURHAM TERRACE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 10 Sep 2014. Using an estimated price of £94,592 means this house is valued at £1,433 per sq meter (£133 per sq foot).
The average size of a house on DURHAM TERRACE is 69 sq meters (750 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near North Terrace |
Sep 2024 | Anti-social behaviour | On or near North Terrace | |
Sep 2024 | Anti-social behaviour | On or near North Terrace |