£65,292
This estimated value is based upon the latest sale price for the house of £55,250 on 14 Oct 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £55,250 | 14 Oct 2020 |
| £80,000 | 20 Jul 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 October 2020 the House Price Index for DURHAM was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £55,250 results in an estimated price of approximately £65,292.
| 14 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £55,250 | £10,042 | £65,292 |
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 | -19.121 % | £-10,564 | £44,685 |
| 3 Month Average | 2.808 % | £1,551 | £56,801 |
| 6 Month Average | -4.907 % | £-2,711 | £52,538 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jun 2024 | £65,000 | £65,000 | 4 HARVEY CLOSE |
| 17 Aug 2023 | £103,872 | £101,999 | 33 LITTLE EDEN |
| 9 Jun 2023 | £95,412 | £93,500 | 44 BRANDLINGS WAY |
| 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 77 sq meters or 828 sq feet when measured on 23 Jun 2014. Using an estimated price of £65,293 means this house is valued at £847 per sq meter (£78 per sq foot).
The average size of a house on ELLIOTT ROAD is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Awaiting court outcome | On or near Harvey Close |
| May 2024 | Possession of weapons | Awaiting court outcome | On or near Harvey Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harvey Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harvey Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Elliott Road |