£103,619
This estimated value is based upon the latest sale price for the house of £72,500 on 3 Aug 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £72,500 | 3 Aug 2015 |
| £62,000 | 17 Aug 2011 |
| £32,000 | 8 Jul 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 716 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 August 2015 the House Price Index for COUNTY DURHAM was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £72,500 results in an estimated price of approximately £103,619.
| 3 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £72,500 | £31,119 | £103,619 |
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 | -0.471 % | £-341 | £72,158 |
| 3 Month Average | -16.193 % | £-11,739 | £60,760 |
| 6 Month Average | 0.327 % | £237 | £72,737 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £105,927 | £105,000 | 23 ELLESMERE DRIVE |
| 7 Apr 2022 | £74,146 | £72,000 | 225 THE AVENUE |
| 5 Jan 2022 | £93,664 | £89,000 | 240 THE AVENUE |
| 5 Nov 2021 | £64,891 | £60,000 | 7 HOLYHEAD CLOSE |
| 22 Oct 2021 | £71,921 | £65,000 | 34 ESSEX CRESCENT |
This house has a floor area of 66 sq meters or 716 sq feet when measured on 23 Sep 2010. Using an estimated price of £103,619 means this house is valued at £1,556 per sq meter (£144 per sq foot).
The average size of a house on ESSEX CRESCENT is 74 sq meters (797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Essex Crescent |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Essex Crescent |
| Feb 2024 | Anti-social behaviour | On or near Eastdene Road | |
| Feb 2024 | Anti-social behaviour | On or near Eastdene Road | |
| Feb 2024 | Anti-social behaviour | On or near Eastdene Road |