£92,240
This estimated value is based upon the latest sale price for the house of £75,000 on 14 Sep 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £75,000 | 14 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 September 2018 the House Price Index for COUNTY DURHAM was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £75,000 results in an estimated price of approximately £92,240.
| 14 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £75,000 | £17,240 | £92,240 |
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 | -4.884 % | £-3,662 | £71,337 |
| 3 Month Average | -0.614 % | £-460 | £74,539 |
| 6 Month Average | 8.562 % | £6,421 | £81,421 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £78,134 | £77,500 | 57 GRANTHAM AVENUE |
| 31 Mar 2023 | £211,141 | £210,000 | 4 YARMOUTH CLOSE |
| 13 Oct 2022 | £57,150 | £58,000 | 83 PORTLAND AVENUE |
| 26 Aug 2022 | £104,295 | £105,000 | 100 BETHUNE AVENUE |
| 8 Jul 2022 | £49,933 | £50,000 | 44 DALTON AVENUE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 17 Jul 2014. Using an estimated price of £92,241 means this house is valued at £726 per sq meter (£67 per sq foot).
The average size of a house on THE AVENUE is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near The Avenue |
| Apr 2024 | Shoplifting | Under investigation | On or near The Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Avenue |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Avenue |