£83,506
This estimated value is based upon the latest sale price for the house of £82,000 on 11 Aug 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £82,000 | 11 Aug 2023 |
| £87,000 | 20 Apr 2007 |
| £57,550 | 6 Feb 2004 |
| £27,000 | 22 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 August 2023 the House Price Index for DURHAM was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £82,000 results in an estimated price of approximately £83,506.
| 11 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £82,000 | £1,506 | £83,506 |
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 | 20.979 % | £17,203 | £99,203 |
| 3 Month Average | 11.233 % | £9,211 | £91,211 |
| 6 Month Average | 0.954 % | £782 | £82,782 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £114,525 | £112,000 | 5 STATION TERRACE |
| 11 Aug 2023 | £83,506 | £82,000 | 17 FORSTER STREET |
| 1 Mar 2023 | £86,444 | £85,000 | 14 WINDSOR GARDENS |
| 12 Sep 2022 | £404,730 | £405,000 | TRAVELLERS REST FORSTER STREET |
| 12 Aug 2022 | £84,395 | £84,000 | 18 HENLEY GARDENS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 18 Jul 2019. Using an estimated price of £83,506 means this house is valued at £994 per sq meter (£92 per sq foot).
The average size of a house on FORSTER STREET is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Forster Street |
| Jul 2024 | Anti-social behaviour | On or near Boyd Street | |
| Jul 2024 | Shoplifting | Under investigation | On or near Boyd Street |
| Jul 2024 | Shoplifting | Under investigation | On or near Boyd Street |
| Jul 2024 | Shoplifting | Under investigation | On or near Boyd Street |