£142,712
This estimated value is based upon the latest sale price for the house of £116,000 on 22 Feb 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £116,000 | 22 Feb 2019 |
| £100,000 | 11 Mar 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,145 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 February 2019 the House Price Index for COUNTY DURHAM was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.028%.Applying this 23.028% change to the original purchase price of £116,000 results in an estimated price of approximately £142,712.
| 22 Feb 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.028 % | £116,000 | £26,712 | £142,712 |
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 | 14.797 % | £17,164 | £133,164 |
| 3 Month Average | 8.576 % | £9,947 | £125,947 |
| 6 Month Average | 11.439 % | £13,268 | £129,268 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £125,424 | £125,000 | 45 SOUTH MAGDALENE |
| 28 Nov 2023 | £65,845 | £65,000 | 19 NORTH MAGDALENE |
| 13 Nov 2023 | £123,587 | £122,000 | 70 NORTH MAGDALENE |
| 20 Jun 2023 | £95,777 | £95,000 | 48 NORTH MAGDALENE |
| 15 Jun 2023 | £105,858 | £105,000 | 36 SOUTH MAGDALENE |
This house has a floor area of 106 sq meters or 1,145 sq feet when measured on 7 Oct 2009. Using an estimated price of £142,713 means this house is valued at £1,341 per sq meter (£124 per sq foot).
The average size of a house on NORTH MAGDALENE is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near North Magdalene |
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near North Magdalene |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near North Magdalene |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near North Magdalene |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near North Magdalene |