£55,481
This estimated value is based upon the latest sale price for the house of £55,000 on 11 Apr 2024. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £55,000 | 11 Apr 2024 |
| £60,000 | 25 Mar 2011 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 773 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 April 2024 the House Price Index for COUNTY DURHAM was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £55,000 results in an estimated price of approximately £55,481.
| 11 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £55,000 | £481 | £55,481 |
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 | -25.986 % | £-14,292 | £40,707 |
| 3 Month Average | 0.230 % | £126 | £55,126 |
| 6 Month Average | -6.072 % | £-3,339 | £51,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £70,613 | £70,000 | 88 CORONATION AVENUE |
| 11 Apr 2024 | £55,482 | £55,000 | 25 HAZELDALE AVENUE |
| 28 Mar 2024 | £56,874 | £56,000 | 15 JUBILEE CRESCENT |
| 16 Jun 2023 | £84,697 | £83,000 | 10 JUBILEE CRESCENT |
| 5 Jun 2023 | £104,596 | £102,500 | 24 JUBILEE CRESCENT |
This house has a floor area of 71 sq meters or 773 sq feet when measured on 22 Mar 2011. Using an estimated price of £55,482 means this house is valued at £771 per sq meter (£71 per sq foot).
The average size of a house on HAZELDALE AVENUE is 89 sq meters (960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Hazeldale Avenue |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hazeldale Avenue |
| Jun 2024 | Other crime | Under investigation | On or near Hazeldale Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazeldale Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hazeldale Avenue |