£119,617
This estimated value is based upon the latest sale price for the house of £100,000 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£100,000 | 25 Sep 2020 |
£105,000 | 18 Sep 2020 |
£140,000 | 4 May 2005 |
Terraced |
Freehold |
Floor Area: 137 sq meters or 1,474 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 September 2020 the House Price Index for DURHAM was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £100,000 results in an estimated price of approximately £119,617.
25 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 149.7 | 19.617 % | £100,000 | £19,617 | £119,617 |
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 | -1.325 % | £-1,325 | £98,674 |
3 Month Average | -23.521 % | £-23,520 | £76,479 |
6 Month Average | -12.508 % | £-12,507 | £87,492 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £139,280 | £135,000 | 18 ASHWOOD MEADOWS |
13 Dec 2023 | £41,267 | £39,999 | 15 GREENSIDE AVENUE |
6 Dec 2023 | £79,441 | £77,000 | 34 GREENSIDE AVENUE |
29 Jun 2023 | £66,329 | £65,000 | 16 GREENSIDE AVENUE |
20 Jan 2023 | £70,188 | £70,000 | 21 YODEN AVENUE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 17 Jul 2020. Using an estimated price of £119,617 means this house is valued at £873 per sq meter (£81 per sq foot).
The average size of a house on ASHWOOD MEADOWS is 126 sq meters (1,357 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Unable to prosecute suspect | On or near Ashwood Meadow |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ashwood Meadow |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Handley Street |
Sep 2024 | Shoplifting | Awaiting court outcome | On or near Handley Street |
Sep 2024 | Anti-social behaviour | On or near Handley Street |