£112,001
This estimated value is based upon the latest sale price for the house of £93,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £93,000 | 17 Jul 2020 |
| £60,000 | 30 Jun 2017 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 July 2020 the House Price Index for COUNTY DURHAM was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £93,000 results in an estimated price of approximately £112,001.
| 17 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £93,000 | £19,001 | £112,001 |
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 | -71.675 % | £-66,657 | £26,342 |
| 3 Month Average | -27.004 % | £-25,113 | £67,886 |
| 6 Month Average | -12.701 % | £-11,811 | £81,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £91,736 | £90,000 | M & K SERVICES GEORGE STREET INDUSTRIAL ESTATE |
| 7 Oct 2022 | £113,316 | £115,000 | 114 PRINCESS ROAD |
| 28 Sep 2022 | £93,858 | £95,000 | 102 PRINCESS ROAD |
| 27 May 2022 | £129,931 | £128,000 | 118 PRINCESS ROAD |
| 21 Jan 2022 | £157,224 | £150,000 | SEAHAM METALS GEORGE STREET INDUSTRIAL ESTATE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 9 Nov 2016. Using an estimated price of £112,002 means this house is valued at £1,258 per sq meter (£116 per sq foot).
The average size of a house on ROSS STREET is 118 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grants Crescent |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Grants Crescent |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Princess Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Princess Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Princess Road |