£87,755
This estimated value is based upon the latest sale price for the house of £76,000 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £76,000 | 6 Nov 2020 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 November 2020 the House Price Index for COUNTY DURHAM was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £76,000 results in an estimated price of approximately £87,755.
| 6 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £76,000 | £11,755 | £87,755 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -3.187 % | £-2,421 | £73,578 |
| 3 Month Average | 0.727 % | £552 | £76,552 |
| 6 Month Average | -4.632 % | £-3,520 | £72,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £60,367 | £60,000 | 100 ACRE RIGG ROAD |
| 2 Jun 2023 | £90,736 | £90,000 | 25 BARSLOAN GROVE |
| 4 Apr 2023 | £99,741 | £99,000 | 38 BUCKINGHAM ROAD |
| 17 Mar 2023 | £71,889 | £71,500 | 49 LAYBURN PLACE |
| 24 Feb 2023 | £63,549 | £63,850 | 1 LAYBURN PLACE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 11 Aug 2020. Using an estimated price of £87,755 means this house is valued at £1,154 per sq meter (£107 per sq foot).
The average size of a house on BUCKINGHAM ROAD is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Buckingham Road | |
| Feb 2024 | Anti-social behaviour | On or near Buckingham Road | |
| Feb 2024 | Anti-social behaviour | On or near Buckingham Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Buckingham Road |
| Feb 2024 | Anti-social behaviour | On or near Buckingham Road |