£98,020
This estimated value is based upon the latest sale price for the house of £67,500 on 26 Jun 2015. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Albert Street
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Price Paid | Date |
---|---|
£67,500 | 26 Jun 2015 |
£71,000 | 15 Jun 2007 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,084 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 2015 the House Price Index for DURHAM was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £67,500 results in an estimated price of approximately £98,020.
26 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 148.6 | 45.215 % | £67,500 | £30,520 | £98,020 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | -45.059 % | £-30,414 | £37,085 |
3 Month Average | -31.726 % | £-21,415 | £46,084 |
6 Month Average | -6.387 % | £-4,311 | £63,188 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £43,646 | £43,000 | 58 ALBERT STREET |
14 Sep 2023 | £72,932 | £71,999 | 19 DENT STREET |
11 Sep 2023 | £43,557 | £43,000 | 49 ALBERT STREET |
8 Sep 2023 | £57,232 | £56,500 | 21 DENT STREET |
16 Aug 2023 | £39,344 | £39,000 | 14 DENT STREET |
This house has a floor area of 100 sq meters or 1,084 sq feet when measured on 26 Jun 2009. Using an estimated price of £98,020 means this house is valued at £972 per sq meter (£90 per sq foot).
The average size of a house on ALBERT STREET is 102 sq meters (1,099 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albert Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Street |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Albert Street |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Albert Street |
Dec 2023 | Violence and sexual offences | Local resolution | On or near Albert Street |