£85,704
This estimated value is based upon the latest sale price for the house of £54,000 on 4 Mar 2008. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £54,000 | 4 Mar 2008 |
| £22,000 | 3 Jun 2003 |
| £19,080 | 22 Jun 2000 |
| £20,000 | 3 Sep 1997 |
| £20,000 | 3 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 March 2008 the House Price Index for DURHAM was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.712%.Applying this 58.712% change to the original purchase price of £54,000 results in an estimated price of approximately £85,704.
| 4 Mar 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.712 % | £54,000 | £31,704 | £85,704 |
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 | -27.155 % | £-14,663 | £39,336 |
| 3 Month Average | -18.053 % | £-9,748 | £44,251 |
| 6 Month Average | -19.038 % | £-10,280 | £43,719 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jun 2024 | £65,000 | £65,000 | 4 HARVEY CLOSE |
| 12 Apr 2024 | £33,289 | £33,000 | 127 YODEN ROAD |
| 11 Oct 2023 | £80,836 | £79,000 | 137 YODEN ROAD |
| 9 Jun 2023 | £183,681 | £180,000 | 96 YODEN ROAD |
| 2 Jun 2023 | £91,840 | £90,000 | 40 ELLIOTT ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 2 May 2014. Using an estimated price of £85,705 means this house is valued at £1,279 per sq meter (£118 per sq foot).
The average size of a house on BAILEY RISE is 96 sq meters (1,043 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Drugs | Unable to prosecute suspect | On or near Bailey Rise |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Fynes Close |
| May 2024 | Anti-social behaviour | On or near Fynes Close | |
| May 2024 | Anti-social behaviour | On or near Fynes Close | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fynes Close |