£131,212
This estimated value is based upon the latest sale price for the house of £87,000 on 7 Oct 2014. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £87,000 | 7 Oct 2014 |
| £78,000 | 30 Nov 2009 |
| £33,500 | 29 Oct 1999 |
| Terraced |
| Leasehold |
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 October 2014 the House Price Index for COUNTY DURHAM was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £87,000 results in an estimated price of approximately £131,212.
| 7 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £87,000 | £44,212 | £131,212 |
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 | 11.380 % | £9,900 | £96,900 |
| 3 Month Average | 34.216 % | £29,768 | £116,768 |
| 6 Month Average | 31.497 % | £27,402 | £114,402 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Aug 2024 | £95,000 | £95,000 | 1 QUEENS AVENUE |
| 31 May 2024 | £118,500 | £118,500 | 5 WALTON AVENUE |
| 14 Nov 2023 | £61,563 | £60,000 | 20 QUEENS AVENUE |
| 3 Nov 2023 | £143,646 | £140,000 | 15 DOREEN AVENUE |
| 11 Aug 2023 | £86,561 | £85,000 | 13 QUEENS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Walton Avenue | |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Walton Avenue |
| Sep 2024 | Anti-social behaviour | On or near Walton Avenue | |
| Sep 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |