£125,089
This estimated value is based upon the latest sale price for the house of £123,000 on 24 Mar 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £123,000 | 24 Mar 2023 |
| £99,000 | 15 Jan 2014 |
| £85,000 | 29 Apr 2005 |
| £23,500 | 9 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,142 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 2023 the House Price Index for DURHAM was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £123,000 results in an estimated price of approximately £125,089.
| 24 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £123,000 | £2,089 | £125,089 |
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 | -10.229 % | £-12,582 | £110,417 |
| 3 Month Average | -7.881 % | £-9,694 | £113,305 |
| 6 Month Average | -3.359 % | £-4,131 | £118,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £191,614 | £189,950 | 13 ALBERT STREET |
| 15 Mar 2024 | £64,999 | £64,000 | 5 ROBERT STREET |
| 2 Aug 2023 | £167,980 | £164,950 | 28 ALFRED STREET |
| 23 Jun 2023 | £163,272 | £160,000 | 2 NURSERY BUNGALOWS |
| 24 Mar 2023 | £125,089 | £123,000 | 2 ALFRED STREET EAST |
This house has a floor area of 106 sq meters or 1,142 sq feet when measured on 13 Apr 2010. Using an estimated price of £125,089 means this house is valued at £1,178 per sq meter (£109 per sq foot).
The average size of a house on ALFRED STREET EAST is 195 sq meters (2,104 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alfred Street East |
| Sep 2024 | Criminal damage and arson | Local resolution | On or near Stewart Street East |
| Sep 2024 | Anti-social behaviour | On or near Bottle Works Road | |
| Sep 2024 | Anti-social behaviour | On or near Bottle Works Road | |
| Sep 2024 | Anti-social behaviour | On or near Bottle Works Road |