£185,473
This estimated value is based upon the latest sale price for the house of £49,500 on 7 Jul 2000. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £49,500 | 7 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 July 2000 the House Price Index for DURHAM was 40.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 274.694%.Applying this 274.694% change to the original purchase price of £49,500 results in an estimated price of approximately £185,473.
| 7 Jul 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 149.7 | 274.694 % | £49,500 | £135,973 | £185,473 |
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 | 87.815 % | £43,468 | £92,968 |
| 3 Month Average | 163.278 % | £80,822 | £130,322 |
| 6 Month Average | 196.103 % | £97,070 | £146,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Feb 2023 | £188,761 | £187,500 | 6 QUEEN STREET |
| 7 Oct 2022 | £114,617 | £115,000 | 114 PRINCESS ROAD |
| 28 Sep 2022 | £94,937 | £95,000 | 102 PRINCESS ROAD |
| 27 May 2022 | £131,424 | £128,000 | 118 PRINCESS ROAD |
| 25 Mar 2022 | £130,492 | £125,000 | 5 ASHCROFT MEWS |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 10 Mar 2015. Using an estimated price of £185,473 means this house is valued at £1,585 per sq meter (£147 per sq foot).
The average size of a house on QUEEN STREET is 138 sq meters (1,494 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Princess Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ross Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ross Street |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ross Street |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ross Street |