£368,366
This estimated value is based upon the latest sale price for the house of £360,000 on 9 Oct 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £360,000 | 9 Oct 2023 |
| £250,000 | 8 Apr 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 2023 the House Price Index for 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 £360,000 results in an estimated price of approximately £368,366.
| 9 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £360,000 | £8,366 | £368,366 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | 17.088 % | £61,516 | £421,516 |
| 3 Month Average | 16.989 % | £61,159 | £421,159 |
| 6 Month Average | 7.334 % | £26,401 | £386,401 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £216,415 | £211,500 | 5 PLANTAGENET AVENUE |
| 9 Oct 2023 | £368,366 | £360,000 | 2 PARK ROAD CENTRAL |
| 18 Aug 2023 | £122,204 | £120,000 | 19 LANCASTER TERRACE |
| 11 Aug 2023 | £224,041 | £220,000 | 19 ROMAN AVENUE |
| 31 Mar 2023 | £345,774 | £340,000 | 24 LINDOM AVENUE |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 9 Oct 2013. Using an estimated price of £368,366 means this house is valued at £2,376 per sq meter (£220 per sq foot).
The average size of a house on PARK ROAD CENTRAL is 163 sq meters (1,759 sq feet).
This house is the largest in the street with a floor area of 155 sq meters (1,668 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Park Road Central |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Park Road Central |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Park Road Central |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Road Central |
| Aug 2024 | Anti-social behaviour | On or near Park Road Central |