£126,898
This estimated value is based upon the latest sale price for the house of £29,950 on 21 Sep 1999. 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 Osborne Street
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Price Paid | Date |
---|---|
£29,950 | 21 Sep 1999 |
£17,000 | 26 Feb 1999 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 898 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 September 1999 the House Price Index for DURHAM was 35.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 323.703%.Applying this 323.703% change to the original purchase price of £29,950 results in an estimated price of approximately £126,898.
21 Sep 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
35.3 | 149.7 | 323.703 % | £29,950 | £96,948 | £126,898 |
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 | 107.258 % | £32,123 | £62,073 |
3 Month Average | 77.221 % | £23,127 | £53,077 |
6 Month Average | 99.403 % | £29,771 | £59,721 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £50,000 | £50,000 | 8 OSBORNE STREET |
26 Apr 2024 | £56,491 | £56,000 | 5 OSBORNE STREET |
15 Mar 2024 | £55,858 | £55,000 | 5 HENRY STREET |
12 Mar 2024 | £28,437 | £28,000 | 24 FREVILLE STREET |
11 Mar 2024 | £34,531 | £34,000 | 17 GEORGE STREET |
This house has a floor area of 83 sq meters or 898 sq feet when measured on 20 Oct 2008. Using an estimated price of £126,899 means this house is valued at £1,519 per sq meter (£141 per sq foot).
The average size of a house on FREVILLE STREET is 83 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Under investigation | On or near Osborne Street |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Osborne Street |
May 2024 | Anti-social behaviour | On or near Osborne Street | |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Osborne Street |
May 2024 | Anti-social behaviour | On or near Osborne Street |