£85,399
This estimated value is based upon the latest sale price for the house of £85,000 on 11 Aug 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £85,000 | 11 Aug 2022 |
| £93,000 | 15 Feb 2008 |
| £30,000 | 20 Apr 2000 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 August 2022 the House Price Index for DURHAM was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £85,000 results in an estimated price of approximately £85,399.
| 11 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £85,000 | £399 | £85,399 |
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 | -22.459 % | £-19,090 | £65,909 |
| 3 Month Average | -13.760 % | £-11,695 | £73,304 |
| 6 Month Average | -23.472 % | £-19,951 | £65,048 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £39,999 | £39,999 | 123 MANOR WAY |
| 12 Apr 2024 | £53,464 | £53,000 | 5 HATFIELD PLACE |
| 18 Dec 2023 | £79,441 | £77,000 | 13 HOVINGHAM CLOSE |
| 15 Dec 2023 | £67,061 | £65,000 | 2 NESBIT ROAD |
| 27 Oct 2023 | £38,883 | £38,000 | 7 ADRIAN PLACE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 14 Feb 2020. Using an estimated price of £85,399 means this house is valued at £970 per sq meter (£90 per sq foot).
The average size of a house on ADRIAN PLACE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Adrian Place |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Adrian Place |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Adrian Place |
| Sep 2024 | Anti-social behaviour | On or near Adrian Place | |
| Sep 2024 | Anti-social behaviour | On or near Adrian Place |