£43,554
This estimated value is based upon the latest sale price for the house of £34,500 on 6 Mar 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There have been two burglaries within the last year on or near Albert Street
More crime details
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| Price Paid | Date |
|---|---|
| £34,500 | 6 Mar 2018 |
| Terraced |
| Freehold |
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 March 2018 the House Price Index for COUNTY DURHAM was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £34,500 results in an estimated price of approximately £43,554.
| 6 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £34,500 | £9,054 | £43,554 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | 28.536 % | £9,844 | £44,344 |
| 3 Month Average | 15.898 % | £5,484 | £39,984 |
| 6 Month Average | -3.623 % | £-1,249 | £33,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2024 | £15,000 | £15,000 | 48 QUEEN STREET |
| 19 Jun 2024 | £25,000 | £25,000 | 50 ALBERT STREET |
| 8 Sep 2023 | £49,082 | £48,000 | 34 ALBERT STREET |
| 16 Jun 2023 | £40,767 | £39,950 | 10 ALBERT STREET |
| 4 Apr 2023 | £31,591 | £31,000 | 49 WEST STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albert Street |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Albert Street |
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near Albert Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albert Street |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near West Street |