£112,718
This estimated value is based upon the latest sale price for the house of £72,500 on 17 Oct 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£72,500 | 17 Oct 2007 |
£27,400 | 17 Apr 2003 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 October 2007 the House Price Index for DURHAM was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £72,500 results in an estimated price of approximately £112,718.
17 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 148.6 | 55.473 % | £72,500 | £40,218 | £112,718 |
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 | -44.829 % | £-32,500 | £39,999 |
3 Month Average | -41.033 % | £-29,748 | £42,751 |
6 Month Average | -29.823 % | £-21,621 | £50,878 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £34,000 | £34,000 | 17 GEORGE STREET |
29 Nov 2023 | £62,932 | £62,000 | 4 FREVILLE STREET |
10 Nov 2023 | £62,932 | £62,000 | 31 BYERLEY ROAD |
25 Sep 2023 | £60,777 | £60,000 | 4 SALISBURY TERRACE |
11 Sep 2023 | £50,597 | £49,950 | 21 BYERLEY ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 18 Sep 2017. Using an estimated price of £112,718 means this house is valued at £1,657 per sq meter (£153 per sq foot).
The average size of a house on GEORGE STREET is 69 sq meters (744 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Salisbury Terrace |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Salisbury Terrace |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salisbury Terrace |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Salisbury Terrace |
Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Freville Street |