£126,592
This estimated value is based upon the latest sale price for the house of £81,000 on 2 Nov 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £81,000 | 2 Nov 2007 |
| £47,500 | 26 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,057 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 November 2007 the House Price Index for DURHAM was 95.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.287%.Applying this 56.287% change to the original purchase price of £81,000 results in an estimated price of approximately £126,592.
| 2 Nov 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 149.7 | 56.287 % | £81,000 | £45,592 | £126,592 |
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 | -33.583 % | £-27,202 | £53,797 |
| 3 Month Average | -24.424 % | £-19,783 | £61,216 |
| 6 Month Average | -23.000 % | £-18,629 | £62,370 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £28,887 | £28,250 | 10 SEYMOUR STREET |
| 15 Jun 2023 | £117,351 | £114,999 | 57 HAWTHORN CRESCENT |
| 24 Mar 2023 | £44,747 | £44,000 | 6 BRAEMAR TERRACE |
| 27 Jan 2023 | £113,302 | £112,999 | 59 HAWTHORN CRESCENT |
| 25 Nov 2022 | £40,809 | £41,000 | 3 BRAEMAR TERRACE |
This house has a floor area of 98 sq meters or 1,057 sq feet when measured on 15 Apr 2009. Using an estimated price of £126,592 means this house is valued at £1,289 per sq meter (£119 per sq foot).
The average size of a house on MURRAY STREET is 102 sq meters (1,106 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Murray Street |
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Murray Street |
| May 2024 | Anti-social behaviour | On or near Seymour Street | |
| May 2024 | Burglary | Unable to prosecute suspect | On or near Seymour Street |
| May 2024 | Anti-social behaviour | On or near Seymour Street |