£83,153
This estimated value is based upon the latest sale price for the house of £67,500 on 10 Aug 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £67,500 | 10 Aug 2018 |
| £53,000 | 28 Sep 2007 |
| £15,000 | 16 Jun 2003 |
| £15,500 | 11 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2018 the House Price Index for DURHAM was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £67,500 results in an estimated price of approximately £83,153.
| 10 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £67,500 | £15,653 | £83,153 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 19.012 % | £12,833 | £80,333 |
| 3 Month Average | 8.149 % | £5,500 | £73,000 |
| 6 Month Average | 13.350 % | £9,011 | £76,511 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £73,949 | £73,000 | 1 RAINTON STREET |
| 10 Nov 2023 | £81,040 | £80,000 | 3 PARK STREET |
| 29 Aug 2023 | £70,378 | £69,950 | 24 ELOISE CLOSE |
| 16 Aug 2023 | £85,520 | £85,000 | 7 RAINTON STREET |
| 4 Aug 2023 | £75,459 | £75,000 | 5 PARK STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 22 Jun 2018. Using an estimated price of £83,154 means this house is valued at £1,108 per sq meter (£103 per sq foot).
The average size of a house on RAINTON STREET is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rainton Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Rainton Street |
| Apr 2024 | Anti-social behaviour | On or near Eloise Close | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eloise Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eloise Close |