£29,440
This estimated value is based upon the latest sale price for the house of £22,000 on 5 Sep 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Ninth Street
More crime details
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Price Paid | Date |
---|---|
£22,000 | 5 Sep 2016 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 September 2016 the House Price Index for COUNTY DURHAM was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £22,000 results in an estimated price of approximately £29,440.
5 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £22,000 | £7,440 | £29,440 |
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 | 3.774 % | £830 | £22,830 |
3 Month Average | 8.203 % | £1,804 | £23,804 |
6 Month Average | 15.305 % | £3,367 | £25,367 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2024 | £30,515 | £30,250 | 2 EIGHTH STREET |
18 Mar 2024 | £40,619 | £39,995 | 85 SEVENTH STREET |
8 Mar 2024 | £31,484 | £31,000 | 13 NINTH STREET |
21 Dec 2023 | £38,173 | £37,000 | 91 SEVENTH STREET |
30 Nov 2023 | £20,521 | £20,000 | 16 TEES STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 4 Aug 2015. Using an estimated price of £29,441 means this house is valued at £408 per sq meter (£37 per sq foot).
The average size of a house on EIGHTH STREET is 74 sq meters (806 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ninth Street |
Jul 2024 | Burglary | Awaiting court outcome | On or near Ninth Street |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ninth Street |
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ninth Street |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Ninth Street |