£141,382
This estimated value is based upon the latest sale price for the house of £139,950 on 15 Jun 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £139,950 | 15 Jun 2022 |
| £84,000 | 21 Sep 2018 |
| £80,000 | 3 Aug 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 June 2022 the House Price Index for DURHAM was 146.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.024%.Applying this 1.024% change to the original purchase price of £139,950 results in an estimated price of approximately £141,382.
| 15 Jun 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.0 | 1.024 % | £139,950 | £1,432 | £141,382 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 20.453 % | £28,623 | £168,573 |
| 3 Month Average | 0.308 % | £430 | £140,380 |
| 6 Month Average | 8.453 % | £11,830 | £151,780 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £125,424 | £125,000 | 45 SOUTH MAGDALENE |
| 28 Nov 2023 | £65,845 | £65,000 | 19 NORTH MAGDALENE |
| 31 Jul 2023 | £580,491 | £575,000 | CARLEY VIEW, 60 FINES ROAD |
| 15 Jun 2023 | £105,858 | £105,000 | 36 SOUTH MAGDALENE |
| 14 Jun 2023 | £139,404 | £138,274 | 3 SOUTH MAGDALENE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 20 Jun 2018. Using an estimated price of £141,383 means this house is valued at £1,663 per sq meter (£154 per sq foot).
The average size of a house on SOUTH MAGDALENE is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near South Magdalene |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Magdalene |
| Mar 2024 | Anti-social behaviour | On or near Fines Road | |
| Mar 2024 | Anti-social behaviour | On or near Fines Road | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fines Road |