£98,444
This estimated value is based upon the latest sale price for the house of £95,000 on 31 Mar 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£95,000 | 31 Mar 2022 |
£76,000 | 10 Nov 2017 |
£79,995 | 28 Jul 2014 |
£58,000 | 12 Dec 2003 |
£39,990 | 25 Mar 2002 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 2022 the House Price Index for DURHAM was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £95,000 results in an estimated price of approximately £98,444.
31 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £95,000 | £3,444 | £98,444 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | -43.664 % | £-41,481 | £53,518 |
3 Month Average | -24.400 % | £-23,179 | £71,820 |
6 Month Average | -6.099 % | £-5,794 | £89,205 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Mar 2024 | £50,500 | £50,500 | 3 WEST TERRACE |
10 Nov 2023 | £189,810 | £187,000 | 68 WHITWORTH TERRACE |
7 Aug 2023 | £70,618 | £70,000 | 15 WINDSOR AVENUE |
31 Jul 2023 | £76,023 | £75,000 | 18 WEST TERRACE |
26 Jul 2023 | £81,091 | £80,000 | 21 HAWTHORN ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 3 Apr 2014. Using an estimated price of £98,445 means this house is valued at £1,171 per sq meter (£108 per sq foot).
The average size of a house on WEST TERRACE is 96 sq meters (1,034 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near West Terrace | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near West Terrace |
Mar 2024 | Violence and sexual offences | Under investigation | On or near West Terrace |
Mar 2024 | Violence and sexual offences | Under investigation | On or near West Terrace |
Mar 2024 | Criminal damage and arson | Under investigation | On or near West Terrace |