£118,738
This estimated value is based upon the latest sale price for the house of £100,000 on 11 Sep 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £100,000 | 11 Sep 2020 |
| £107,000 | 14 Sep 2007 |
| £94,000 | 7 Apr 2006 |
| £35,000 | 10 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2020 the House Price Index for DURHAM was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £100,000 results in an estimated price of approximately £118,738.
| 11 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £100,000 | £18,738 | £118,738 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 5.313 % | £5,313 | £105,313 |
| 3 Month Average | -2.705 % | £-2,704 | £97,295 |
| 6 Month Average | -1.293 % | £-1,292 | £98,707 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £85,146 | £84,000 | 1 BRUNTON WALK |
| 30 Jun 2023 | £94,900 | £93,750 | 2 CUMBY ROAD |
| 27 Jun 2023 | £84,524 | £83,500 | 96 OAKFIELD |
| 5 Aug 2022 | £89,758 | £90,000 | 7 CROSBY ROAD |
| 30 Jun 2022 | £136,935 | £135,000 | 18 OAKFIELD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 30 Jul 2014. Using an estimated price of £118,738 means this house is valued at £1,484 per sq meter (£137 per sq foot).
The average size of a house on CROSBY ROAD is 104 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Crosby Road |
| Mar 2024 | Anti-social behaviour | On or near Crosby Road | |
| Mar 2024 | Anti-social behaviour | On or near Crosby Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Doxford Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Doxford Close |