£95,454
This estimated value is based upon the latest sale price for the house of £77,000 on 7 Aug 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £77,000 | 7 Aug 2019 |
| £125,000 | 14 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,081 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 August 2019 the House Price Index for DURHAM was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £77,000 results in an estimated price of approximately £95,454.
| 7 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £77,000 | £18,454 | £95,454 |
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 | -10.612 % | £-8,171 | £68,828 |
| 3 Month Average | -0.029 % | £-22 | £76,977 |
| 6 Month Average | 4.850 % | £3,734 | £80,734 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £66,693 | £65,000 | 1 WEST VIEW |
| 26 Jun 2023 | £101,025 | £99,000 | 7 THORPE ROAD |
| 23 Jun 2023 | £55,104 | £54,000 | 5 CARLTON TERRACE |
| 16 Jun 2023 | £79,595 | £78,000 | 6 CARLTON TERRACE |
| 10 Mar 2023 | £66,104 | £65,000 | 7 SEA VIEW |
This house has a floor area of 100 sq meters or 1,081 sq feet when measured on 18 Aug 2011. Using an estimated price of £95,455 means this house is valued at £949 per sq meter (£88 per sq foot).
The average size of a house on CARLTON TERRACE is 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Carlton Terrace |
| Jun 2024 | Anti-social behaviour | On or near Carlton Terrace | |
| Jun 2024 | Anti-social behaviour | On or near Carlton Terrace | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carlton Terrace |
| Apr 2024 | Vehicle crime | Under investigation | On or near Craig Terrace |