£68,899
This estimated value is based upon the latest sale price for the house of £66,000 on 4 Mar 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£66,000 | 4 Mar 2022 |
£86,950 | 31 Aug 2007 |
£88,000 | 4 Nov 2005 |
£61,200 | 10 Jun 2005 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £66,000 results in an estimated price of approximately £68,899.
4 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £66,000 | £2,899 | £68,899 |
The Postcode Pricing Model uses changes in average sales price within the DL14 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 | 15.674 % | £10,344 | £76,344 |
3 Month Average | 14.794 % | £9,764 | £75,764 |
6 Month Average | 3.233 % | £2,133 | £68,133 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £164,167 | £160,000 | 8 MILFORD MEADOW |
10 Nov 2023 | £45,146 | £44,000 | 20 ROSEMOUNT ROAD |
29 Sep 2023 | £86,916 | £85,000 | 8 WEST VIEW |
14 Apr 2023 | £152,859 | £150,000 | 3 ROSEMOUNT ROAD |
6 Feb 2023 | £35,739 | £35,500 | 7 WEST VIEW |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 25 Apr 2016. Using an estimated price of £68,900 means this house is valued at £782 per sq meter (£72 per sq foot).
The average size of a house on ROSEMOUNT ROAD is 109 sq meters (1,175 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Public order | Awaiting court outcome | On or near Rosemount Court |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosemount Court |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milford Meadow |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milford Meadow |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Main Street |