£127,536
This estimated value is based upon the latest sale price for the house of £74,950 on 20 Oct 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £74,950 | 20 Oct 2006 |
| £40,000 | 18 Aug 2006 |
| £13,100 | 8 Dec 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 682 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 October 2006 the House Price Index for DURHAM was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.163%.Applying this 70.163% change to the original purchase price of £74,950 results in an estimated price of approximately £127,536.
| 20 Oct 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.163 % | £74,950 | £52,586 | £127,536 |
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 | -44.179 % | £-33,111 | £41,838 |
| 3 Month Average | -19.547 % | £-14,650 | £60,299 |
| 6 Month Average | -4.285 % | £-3,211 | £71,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £72,000 | £72,000 | 153 THE AVENUE |
| 1 May 2024 | £59,000 | £59,000 | 7 RYTON CRESCENT |
| 8 Dec 2023 | £78,409 | £76,000 | 199 THE AVENUE |
| 10 Nov 2023 | £92,293 | £89,950 | 215 THE AVENUE |
| 11 Aug 2023 | £90,126 | £88,500 | 41 EASTLEA CRESCENT |
This house has a floor area of 63 sq meters or 682 sq feet when measured on 22 Nov 2008. Using an estimated price of £127,537 means this house is valued at £2,012 per sq meter (£187 per sq foot).
The average size of a house on MALVERN CRESCENT is 92 sq meters (992 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (682 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Eastlea Crescent |
| Jun 2024 | Anti-social behaviour | On or near Eastlea Crescent | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eastlea Crescent |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eastlea Crescent |
| Jun 2024 | Anti-social behaviour | On or near Eastlea Crescent |