£140,274
This estimated value is based upon the latest sale price for the house of £93,000 on 7 Nov 2014. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£93,000 | 7 Nov 2014 |
£121,995 | 28 Sep 2006 |
Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 November 2014 the House Price Index for DURHAM was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £93,000 results in an estimated price of approximately £140,274.
7 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 149.7 | 50.833 % | £93,000 | £47,274 | £140,274 |
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 | -22.118 % | £-20,570 | £72,429 |
3 Month Average | -14.060 % | £-13,076 | £79,923 |
6 Month Average | -13.436 % | £-12,495 | £80,504 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £80,701 | £80,000 | 4 WEAR TERRACE |
7 Nov 2023 | £66,693 | £65,000 | 12 WEAR TERRACE |
13 Oct 2023 | £189,299 | £185,000 | 55 HOLM HILL GARDENS |
29 Sep 2023 | £155,426 | £152,000 | 27 HOLM HILL GARDENS |
16 Jun 2023 | £122,454 | £120,000 | 41 HOLM HILL GARDENS |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 Jun 2014. Using an estimated price of £140,274 means this house is valued at £2,003 per sq meter (£186 per sq foot).
The average size of a house on HOLM HILL GARDENS is 78 sq meters (843 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Tennyson Road | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near St Nicholas Terrace |
Jun 2024 | Vehicle crime | Under investigation | On or near St Nicholas Terrace |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Whickham Street |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Paradise Lane |