£68,457
This estimated value is based upon the latest sale price for the house of £68,000 on 13 Feb 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Prospect Street
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| Price Paid | Date |
|---|---|
| £68,000 | 13 Feb 2023 |
| £63,000 | 19 May 2017 |
| £30,000 | 18 Dec 2007 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 February 2023 the House Price Index for DURHAM was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £68,000 results in an estimated price of approximately £68,457.
| 13 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £68,000 | £457 | £68,457 |
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 | 7.911 % | £5,379 | £73,379 |
| 3 Month Average | 17.283 % | £11,752 | £79,752 |
| 6 Month Average | 5.426 % | £3,689 | £71,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £84,417 | £82,500 | 7 SPENCER STREET |
| 11 Oct 2023 | £52,185 | £51,000 | 15 NEWMARKET STREET |
| 28 Jun 2023 | £66,839 | £65,500 | 2 SPENCER STREET |
| 16 Jun 2023 | £85,718 | £84,000 | 5 BERTHA STREET |
| 13 Feb 2023 | £68,457 | £68,000 | 17 BERTHA STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 3 Jul 2020. Using an estimated price of £68,457 means this house is valued at £950 per sq meter (£88 per sq foot).
The average size of a house on BERTHA STREET is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Awaiting court outcome | On or near Prospect Street |
| Jul 2024 | Burglary | Awaiting court outcome | On or near Prospect Street |
| Jul 2024 | Burglary | Awaiting court outcome | On or near Aynsley Mews |
| Jul 2024 | Vehicle crime | Awaiting court outcome | On or near Aynsley Mews |
| May 2024 | Drugs | Under investigation | On or near Aynsley Mews |