£124,085
This estimated value is based upon the latest sale price for the house of £105,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £105,000 | 30 Oct 2020 |
| £93,500 | 31 May 2013 |
| £90,000 | 30 Sep 2011 |
| £90,000 | 21 Apr 2011 |
| £110,000 | 6 Jul 2006 |
| £84,950 | 21 Nov 2003 |
| £42,000 | 14 Dec 2001 |
| £24,000 | 31 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 736 sq feet |
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 October 2020 the House Price Index for COUNTY DURHAM was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £105,000 results in an estimated price of approximately £124,085.
| 30 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £105,000 | £19,085 | £124,085 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 8.493 % | £8,918 | £113,918 |
| 3 Month Average | 29.562 % | £31,040 | £136,040 |
| 6 Month Average | 14.026 % | £14,727 | £119,727 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £108,329 | £105,000 | 21 ELM PARK TERRACE |
| 29 Sep 2023 | £51,127 | £50,000 | 18 ELM PARK TERRACE |
| 14 Apr 2023 | £119,740 | £117,500 | 23 ELM PARK TERRACE |
| 9 Mar 2022 | £92,910 | £89,000 | 5 ELM PARK TERRACE |
| 10 Dec 2021 | £291,359 | £269,950 | 11 THE ELMS |
This house has a floor area of 68 sq meters or 736 sq feet when measured on 25 Mar 2011. Using an estimated price of £124,086 means this house is valued at £1,814 per sq meter (£168 per sq foot).
The average size of a house on ELM PARK TERRACE is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Elm Park Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mason Avenue |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Frazer Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elm Park Road |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Selborne Gardens |