£47,489
This estimated value is based upon the latest sale price for the house of £44,000 on 22 Dec 2021. 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 North Terrace
More crime details
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Price Paid | Date |
---|---|
£44,000 | 22 Dec 2021 |
£25,000 | 3 Jul 1998 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 December 2021 the House Price Index for DURHAM was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £44,000 results in an estimated price of approximately £47,489.
22 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £44,000 | £3,489 | £47,489 |
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 | 4.526 % | £1,991 | £45,991 |
3 Month Average | -15.604 % | £-6,865 | £37,134 |
6 Month Average | -14.829 % | £-6,524 | £37,475 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 May 2024 | £39,999 | £39,999 | 25 CHEAPSIDE |
28 Mar 2024 | £81,247 | £79,999 | 19 CHEAPSIDE |
8 Mar 2024 | £44,687 | £44,000 | 26 CHEAPSIDE |
23 Nov 2023 | £51,302 | £50,000 | 8 FOUNDRY STREET |
24 Mar 2023 | £53,188 | £52,300 | 20 FOUNDRY STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 24 Mar 2015. Using an estimated price of £47,490 means this house is valued at £608 per sq meter (£56 per sq foot).
The average size of a house on FOUNDRY STREET is 81 sq meters (876 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near North Terrace |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near North Terrace |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Temperance Avenue |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Temperance Avenue |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Temperance Avenue |