£151,056
This estimated value is based upon the latest sale price for the house of £27,000 on 31 Mar 1995. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£27,000 | 31 Mar 1995 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 March 1995 the House Price Index for DURHAM was 26.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 459.468%.Applying this 459.468% change to the original purchase price of £27,000 results in an estimated price of approximately £151,056.
31 Mar 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.6 | 148.6 | 459.468 % | £27,000 | £124,056 | £151,056 |
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 | 235.370 % | £63,549 | £90,549 |
3 Month Average | 185.228 % | £50,011 | £77,011 |
6 Month Average | 174.971 % | £47,242 | £74,242 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £71,052 | £70,000 | 167 TINDALE GREEN |
28 Feb 2023 | £59,955 | £59,995 | 26 DERWENT PLACE |
17 Feb 2023 | £77,948 | £78,000 | 100 FEWSTON CLOSE |
18 Mar 2022 | £67,357 | £65,000 | 174 BLACKTON CLOSE |
18 Mar 2022 | £75,129 | £72,500 | 171 TINDALE GREEN |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 2 Mar 2017. Using an estimated price of £151,056 means this house is valued at £1,541 per sq meter (£143 per sq foot).
The average size of a house on ALSTON WALK is 139 sq meters (1,496 sq feet).