£70,848
This estimated value is based upon the latest sale price for the house of £56,750 on 19 Jul 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £56,750 | 19 Jul 2018 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 July 2018 the House Price Index for COUNTY DURHAM was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £56,750 results in an estimated price of approximately £70,848.
| 19 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £56,750 | £14,098 | £70,848 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | 26.372 % | £14,966 | £71,716 |
| 3 Month Average | 25.179 % | £14,289 | £71,039 |
| 6 Month Average | 16.942 % | £9,614 | £66,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £110,000 | £110,000 | 5 MANOR COURT |
| 3 Apr 2024 | £136,183 | £135,000 | 70 WINDSOR DRIVE |
| 13 Oct 2023 | £58,325 | £57,000 | 15 CHURCH STREET |
| 12 Sep 2023 | £124,750 | £122,000 | 5 LIBRARY TERRACE |
| 27 Apr 2023 | £73,372 | £72,000 | 3 LOW CHURCH STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 11 Aug 2016. Using an estimated price of £70,848 means this house is valued at £761 per sq meter (£70 per sq foot).
The average size of a house on RYDE TERRACE is 102 sq meters (1,100 sq feet).
This house is the largest in the street with a floor area of 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Church Street |
| Oct 2024 | Anti-social behaviour | On or near Fines Park Court | |
| Aug 2024 | Anti-social behaviour | On or near Fines Park Court | |
| Aug 2024 | Anti-social behaviour | On or near Fines Park Court | |
| Aug 2024 | Anti-social behaviour | On or near Fines Park Court |