£115,899
This estimated value is based upon the latest sale price for the house of £94,500 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £94,500 | 29 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 November 2019 the House Price Index for COUNTY DURHAM was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £94,500 results in an estimated price of approximately £115,899.
| 29 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £94,500 | £21,399 | £115,899 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 13.958 % | £13,190 | £107,690 |
| 3 Month Average | -7.856 % | £-7,424 | £87,075 |
| 6 Month Average | -5.368 % | £-5,072 | £89,427 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £119,284 | £118,000 | 24 RUTLAND STREET |
| 17 Mar 2023 | £131,236 | £130,000 | 22 SUTHERLAND STREET |
| 28 Feb 2023 | £159,842 | £159,950 | 20 RANKSBOROUGH STREET |
| 5 Aug 2022 | £77,791 | £78,000 | 2 SUTHERLAND STREET |
| 17 Jun 2022 | £157,222 | £155,000 | 13 DURHAM STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 24 Jul 2013. Using an estimated price of £115,899 means this house is valued at £1,332 per sq meter (£123 per sq foot).
The average size of a house on SUTHERLAND STREET is 75 sq meters (816 sq feet).
This house is the largest in the street with a floor area of 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Embankment Road |
| Feb 2024 | Robbery | Under investigation | On or near North Haven |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Northwood Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Northwood Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stockton Street |