£71,626
This estimated value is based upon the latest sale price for the house of £70,000 on 16 Oct 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £70,000 | 16 Oct 2023 |
| £52,000 | 6 Aug 2018 |
| £47,000 | 16 Mar 2012 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 998 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 October 2023 the House Price Index for COUNTY DURHAM was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £70,000 results in an estimated price of approximately £71,626.
| 16 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £70,000 | £1,626 | £71,626 |
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 | 49.135 % | £34,394 | £104,394 |
| 3 Month Average | 37.609 % | £26,326 | £96,326 |
| 6 Month Average | 13.529 % | £9,470 | £79,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £48,000 | £48,000 | 36 ROSE AVENUE |
| 28 Mar 2024 | £49,765 | £49,000 | 13 SCHOOL TERRACE |
| 24 Oct 2023 | £40,930 | £40,000 | 19 FERN AVENUE |
| 20 Oct 2023 | £36,837 | £36,000 | 14 ROSE AVENUE |
| 16 Oct 2023 | £71,627 | £70,000 | 26 FERN AVENUE |
This house has a floor area of 92 sq meters or 998 sq feet when measured on 22 Sep 2011. Using an estimated price of £71,627 means this house is valued at £772 per sq meter (£71 per sq foot).
The average size of a house on FERN AVENUE is 73 sq meters (789 sq feet).
This house is the largest in the street with a floor area of 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near School Terrace |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Terrace |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gladstone Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gladstone Street |
| Jul 2024 | Anti-social behaviour | On or near Gladstone Street |