£135,903
This estimated value is based upon the latest sale price for the house of £115,000 on 28 Oct 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £115,000 | 28 Oct 2020 |
| £110,000 | 20 Apr 2018 |
| £55,000 | 3 Dec 2015 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 sq feet |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in October 2020 the House Price Index for COUNTY DURHAM was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £115,000 results in an estimated price of approximately £135,903.
| 28 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £115,000 | £20,903 | £135,903 |
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 | -2.707 % | £-3,112 | £111,887 |
| 3 Month Average | 0.460 % | £528 | £115,528 |
| 6 Month Average | -6.850 % | £-7,878 | £107,121 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £63,909 | £62,500 | 70 STATION ROAD |
| 20 Apr 2023 | £64,201 | £63,000 | 60 STATION ROAD |
| 14 Apr 2023 | £120,249 | £118,000 | 24 RUTLAND STREET |
| 14 Apr 2023 | £142,668 | £140,000 | 11 PARKLAND TERRACE |
| 13 Apr 2023 | £125,344 | £123,000 | 4 CORBETT STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 19 Jun 2015. Using an estimated price of £135,903 means this house is valued at £1,544 per sq meter (£143 per sq foot).
The average size of a house on STATION ROAD is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Aldwyn Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near St Aldwyn Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clara Street |
| Aug 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Parkland Terrace |
| Oct 2024 | Other theft | Under investigation | On or near Hambleton Drive |