£178,294
This estimated value is based upon the latest sale price for the house of £98,000 on 26 Sep 2005. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £98,000 | 26 Sep 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 September 2005 the House Price Index for DURHAM was 81.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 81.933%.Applying this 81.933% change to the original purchase price of £98,000 results in an estimated price of approximately £178,294.
| 26 Sep 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 148.0 | 81.933 % | £98,000 | £80,294 | £178,294 |
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 | -7.476 % | £-7,326 | £90,673 |
| 3 Month Average | 13.186 % | £12,922 | £110,922 |
| 6 Month Average | 18.410 % | £18,042 | £116,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2023 | £100,817 | £100,000 | 11 BROOMSIDE LANE |
| 2 Sep 2022 | £145,234 | £147,000 | 2 BRIAR ROAD |
| 29 Jul 2022 | £93,873 | £94,000 | 64 BROOME ROAD |
| 21 Jul 2022 | £114,845 | £115,000 | 7 CORONATION AVENUE |
| 29 Apr 2022 | £40,513 | £39,500 | 21 BROOMSIDE LANE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 3 Oct 2021. Using an estimated price of £178,295 means this house is valued at £1,819 per sq meter (£169 per sq foot).
The average size of a house on CORONATION AVENUE is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Broome Road |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Broome Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broome Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Broome Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broome Road |