£96,721
This estimated value is based upon the latest sale price for the house of £58,000 on 15 Dec 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £58,000 | 15 Dec 2006 |
| £30,000 | 9 Aug 2004 |
| £22,150 | 4 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 December 2006 the House Price Index for DURHAM was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £58,000 results in an estimated price of approximately £96,721.
| 15 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 149.7 | 66.761 % | £58,000 | £38,721 | £96,721 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 3.252 % | £1,885 | £59,885 |
| 3 Month Average | 27.991 % | £16,234 | £74,234 |
| 6 Month Average | 9.829 % | £5,701 | £63,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £60,936 | £60,000 | 66 GUTHRUM PLACE |
| 29 Sep 2023 | £71,578 | £70,000 | 125 GUTHRUM PLACE |
| 24 Feb 2023 | £85,572 | £85,000 | 151 GUTHRUM PLACE |
| 24 Feb 2023 | £70,471 | £70,000 | 78 BATES CLOSE |
| 2 Feb 2023 | £57,775 | £57,389 | 52 OSBERT PLACE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 6 Mar 2020. Using an estimated price of £96,721 means this house is valued at £1,194 per sq meter (£110 per sq foot).
The average size of a house on OSBERT PLACE is 102 sq meters (1,106 sq feet).
This house is the smallest in the street with a floor area of 81 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Ida Place |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ida Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ida Place |