£124,512
This estimated value is based upon the latest sale price for the house of £72,000 on 30 Aug 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £72,000 | 30 Aug 2006 |
| £62,000 | 5 Dec 2005 |
| £70,000 | 5 Dec 2005 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2006 the House Price Index for DURHAM was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.934%.Applying this 72.934% change to the original purchase price of £72,000 results in an estimated price of approximately £124,512.
| 30 Aug 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.934 % | £72,000 | £52,512 | £124,512 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | -33.987 % | £-24,470 | £47,529 |
| 3 Month Average | -26.682 % | £-19,211 | £52,788 |
| 6 Month Average | -26.930 % | £-19,389 | £52,610 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £39,500 | £39,500 | 20 ALBERT STREET |
| 6 Nov 2023 | £44,120 | £43,000 | 58 ALBERT STREET |
| 23 Oct 2023 | £35,813 | £35,000 | 9 ALEXANDRA STREET |
| 20 Oct 2023 | £29,674 | £29,000 | 23 KING EDWARD STREET |
| 11 Sep 2023 | £43,969 | £43,000 | 49 ALBERT STREET |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 21 Aug 2019. Using an estimated price of £124,513 means this house is valued at £1,310 per sq meter (£121 per sq foot).
The average size of a house on KING EDWARD STREET is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near King Edward Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near King Edward Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Edward Street |
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near King Edward Street |
| May 2024 | Other crime | Further investigation is not in the public interest | On or near King Edward Street |