£81,859
This estimated value is based upon the latest sale price for the house of £80,000 on 20 Oct 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £80,000 | 20 Oct 2023 |
| £115,000 | 21 Apr 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 sq feet |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in October 2023 the House Price Index for COUNTY DURHAM was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £80,000 results in an estimated price of approximately £81,859.
| 20 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £80,000 | £1,859 | £81,859 |
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 | 17.354 % | £13,883 | £93,883 |
| 3 Month Average | 1.918 % | £1,534 | £81,534 |
| 6 Month Average | -9.459 % | £-7,566 | £72,433 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £63,754 | £63,200 | 56 REDWORTH ROAD |
| 12 Dec 2023 | £90,790 | £88,000 | 13 PEARS TERRACE |
| 7 Dec 2023 | £40,752 | £39,500 | 30 VICTORIA STREET |
| 13 Nov 2023 | £80,545 | £78,500 | 17 VICTORIA STREET |
| 30 Oct 2023 | £139,161 | £136,000 | 10 WINDSOR COURT |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 30 Apr 2009. Using an estimated price of £81,859 means this house is valued at £629 per sq meter (£58 per sq foot).
The average size of a house on STATION STREET is 130 sq meters (1,404 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Station Street |
| Jul 2024 | Anti-social behaviour | On or near Station Street | |
| Apr 2024 | Anti-social behaviour | On or near Station Street | |
| Apr 2024 | Anti-social behaviour | On or near Station Street | |
| Apr 2024 | Anti-social behaviour | On or near Station Street |