£65,980
This estimated value is based upon the latest sale price for the house of £65,000 on 19 May 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £65,000 | 19 May 2022 |
| £50,000 | 22 Nov 2019 |
| £82,000 | 6 Jul 2007 |
| £76,500 | 15 Oct 2004 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 May 2022 the House Price Index for DURHAM was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £65,000 results in an estimated price of approximately £65,980.
| 19 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £65,000 | £980 | £65,980 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 18.958 % | £12,322 | £77,322 |
| 3 Month Average | -3.080 % | £-2,001 | £62,998 |
| 6 Month Average | 3.120 % | £2,027 | £67,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £157,989 | £155,000 | 23 ALEXANDRA STREET |
| 10 Nov 2023 | £72,936 | £72,000 | 37 EDITH STREET |
| 31 Aug 2023 | £75,459 | £75,000 | 15 EDITH STREET |
| 16 Jun 2023 | £81,662 | £81,000 | 33 ALBERT ROAD |
| 3 Apr 2023 | £171,273 | £170,000 | 55 MIDDLE STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 9 Feb 2018. Using an estimated price of £65,981 means this house is valued at £758 per sq meter (£70 per sq foot).
The average size of a house on ALEXANDRA STREET is 77 sq meters (832 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Alexandra Street |
| Apr 2024 | Other theft | Under investigation | On or near Ash Street |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ash Street |
| Feb 2024 | Anti-social behaviour | On or near Ash Street | |
| Feb 2024 | Anti-social behaviour | On or near Ash Street |