£120,023
This estimated value is based upon the latest sale price for the house of £105,000 on 3 Dec 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £105,000 | 3 Dec 2020 |
| £115,000 | 2 Sep 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 596 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 December 2020 the House Price Index for COUNTY DURHAM was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £105,000 results in an estimated price of approximately £120,023.
| 3 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £105,000 | £15,023 | £120,023 |
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 | -15.451 % | £-16,223 | £88,776 |
| 3 Month Average | -8.858 % | £-9,300 | £95,699 |
| 6 Month Average | -13.981 % | £-14,680 | £90,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £65,621 | £65,000 | 10 WEAR STREET |
| 28 Jun 2022 | £50,512 | £50,000 | 18 HAWTHORN SQUARE |
| 14 Jun 2022 | £43,440 | £43,000 | 4 SOUTH TERRACE |
| 11 May 2022 | £76,132 | £75,000 | 53 CHURCH STREET |
| 17 Dec 2021 | £522,802 | £489,950 | 2 BATH TERRACE |
This house has a floor area of 55 sq meters or 596 sq feet when measured on 9 Mar 2010. Using an estimated price of £120,023 means this house is valued at £2,164 per sq meter (£201 per sq foot).
The average size of a house on MARQUESS POINT is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Possession of weapons | Further investigation is not in the public interest | On or near North Terrace |