£165,179
This estimated value is based upon the latest sale price for the house of £108,277 on 1 Aug 2014. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £108,277 | 1 Aug 2014 |
| £140,000 | 13 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,169 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 2014 the House Price Index for DURHAM was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £108,277 results in an estimated price of approximately £165,179.
| 1 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £108,277 | £56,902 | £165,179 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 12.881 % | £13,946 | £122,223 |
| 3 Month Average | 25.020 % | £27,090 | £135,367 |
| 6 Month Average | 28.908 % | £31,300 | £139,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £187,770 | £182,000 | 28 THE MOORLANDS |
| 4 Aug 2023 | £183,306 | £180,000 | 69 MACKINTOSH COURT |
| 30 Jun 2023 | £214,294 | £210,000 | 7 MALVERN VILLAS |
| 4 Apr 2023 | £214,003 | £210,000 | 13 MALVERN VILLAS |
| 3 Apr 2023 | £173,240 | £170,000 | 6 YOUNG STREET |
This house has a floor area of 108 sq meters or 1,169 sq feet when measured on 3 Feb 2009. Using an estimated price of £165,180 means this house is valued at £1,520 per sq meter (£141 per sq foot).
The average size of a house on MALVERN VILLAS is 118 sq meters (1,272 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Sherburn Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Sherburn Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherburn Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherburn Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Edge Court |