£76,638
This estimated value is based upon the latest sale price for the house of £75,000 on 24 Jun 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £75,000 | 24 Jun 2022 |
| £82,000 | 24 Sep 2004 |
| £41,000 | 2 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 June 2022 the House Price Index for DURHAM was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £75,000 results in an estimated price of approximately £76,638.
| 24 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £75,000 | £1,638 | £76,638 |
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 | -34.992 % | £-26,243 | £48,756 |
| 3 Month Average | -11.688 % | £-8,765 | £66,234 |
| 6 Month Average | -20.616 % | £-15,461 | £59,538 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £66,693 | £65,000 | 1 WEST VIEW |
| 26 Jun 2023 | £101,025 | £99,000 | 7 THORPE ROAD |
| 23 Jun 2023 | £55,104 | £54,000 | 5 CARLTON TERRACE |
| 16 Jun 2023 | £79,595 | £78,000 | 6 CARLTON TERRACE |
| 10 Mar 2023 | £66,104 | £65,000 | 7 SEA VIEW |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 10 Apr 2014. Using an estimated price of £76,638 means this house is valued at £1,216 per sq meter (£113 per sq foot).
The average size of a house on CRAIG TERRACE is 81 sq meters (874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Further investigation is not in the public interest | On or near Carlton Terrace |
| Jul 2024 | Anti-social behaviour | On or near Grange Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Grange Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Grange Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Grange Avenue |