£161,706
This estimated value is based upon the latest sale price for the house of £36,000 on 30 Apr 1999. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£36,000 | 30 Apr 1999 |
£38,000 | 11 Aug 1995 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 April 1999 the House Price Index for DURHAM was 33.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 349.184%.Applying this 349.184% change to the original purchase price of £36,000 results in an estimated price of approximately £161,706.
30 Apr 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.3 | 149.7 | 349.184 % | £36,000 | £125,706 | £161,706 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 128.968 % | £46,428 | £82,428 |
3 Month Average | 196.902 % | £70,884 | £106,884 |
6 Month Average | 151.411 % | £54,507 | £90,507 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £91,404 | £90,000 | 18 EMERSON WAY |
8 Dec 2023 | £92,853 | £90,000 | 30 BOWES ROAD |
27 Oct 2023 | £168,835 | £165,000 | 51 BEWICK CRESCENT |
11 Aug 2023 | £81,469 | £80,000 | 3 WALLAS ROAD |
21 Apr 2023 | £91,665 | £89,950 | 15 EMERSON WAY |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 29 Apr 2015. Using an estimated price of £161,706 means this house is valued at £1,902 per sq meter (£176 per sq foot).
The average size of a house on MARLEY ROAD is 94 sq meters (1,015 sq feet).
This house is the largest in the street with a floor area of 85 sq meters (914 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marley Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bewick Crescent |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallas Road |
Jun 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Wallas Road |
Jul 2024 | Public order | Under investigation | On or near Parking Area |