£67,426
This estimated value is based upon the latest sale price for the house of £59,995 on 27 Aug 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £59,995 | 27 Aug 2021 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 August 2021 the House Price Index for COUNTY DURHAM was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £59,995 results in an estimated price of approximately £67,426.
| 27 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £59,995 | £7,431 | £67,426 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | 4.137 % | £2,481 | £62,476 |
| 3 Month Average | -8.719 % | £-5,231 | £54,763 |
| 6 Month Average | -25.553 % | £-15,330 | £44,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £83,677 | £82,950 | 17 CAMBRIDGE ROAD |
| 27 Oct 2023 | £64,976 | £63,500 | 2 KENT WALK |
| 16 Jun 2023 | £134,189 | £131,500 | 42 SHINWELL DRIVE |
| 9 Jun 2023 | £78,575 | £77,000 | 50 KENT WALK |
| 13 Jan 2023 | £48,881 | £48,750 | 6 HERTFORD PLACE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 6 Jul 2020. Using an estimated price of £67,427 means this house is valued at £963 per sq meter (£89 per sq foot).
The average size of a house on NORFOLK WALK is 102 sq meters (1,097 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Essex Place |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Place |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Place |
| Jul 2024 | Anti-social behaviour | On or near Essex Place | |
| Jul 2024 | Anti-social behaviour | On or near Essex Place |