£69,464
This estimated value is based upon the latest sale price for the house of £69,000 on 13 Feb 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £69,000 | 13 Feb 2023 |
| £67,000 | 9 Jun 2022 |
| Terraced |
| Freehold |
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 February 2023 the House Price Index for COUNTY DURHAM was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £69,000 results in an estimated price of approximately £69,464.
| 13 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £69,000 | £464 | £69,464 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -12.891 % | £-8,894 | £60,105 |
| 3 Month Average | -16.633 % | £-11,476 | £57,523 |
| 6 Month Average | -21.085 % | £-14,548 | £54,451 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £46,683 | £46,683 | 10 STAFFORD PLACE |
| 15 Nov 2023 | £89,266 | £87,000 | 16 STAFFORD PLACE |
| 17 Apr 2023 | £76,430 | £75,000 | 8 GLOUCESTER PLACE |
| 13 Feb 2023 | £69,464 | £69,000 | 14 STAFFORD PLACE |
| 20 May 2022 | £72,899 | £71,000 | 15 BRENDON PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stafford Place |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Stafford Place |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stafford Place |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Stafford Place |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stafford Place |