£294,145
This estimated value is based upon the latest sale price for the house of £48,000 on 13 Sep 2024. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £48,000 | 13 Sep 2024 |
| £72,000 | 19 May 2009 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 September 2024 the House Price Index for COUNTY DURHAM was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £48,000 results in an estimated price of approximately £294,145.
| 13 Sep 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £48,000 | £246,145 | £294,145 |
The Postcode Pricing Model uses changes in average sales price within the TS29 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 | 67.552 % | £32,424 | £80,424 |
| 3 Month Average | 25.145 % | £12,069 | £60,069 |
| 6 Month Average | -5.874 % | £-2,819 | £45,180 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £34,531 | £34,000 | 8 STATION ROAD WEST |
| 30 Nov 2023 | £76,440 | £74,500 | 62A STATION ROAD EAST |
| 30 Nov 2023 | £76,440 | £74,500 | 62 STATION ROAD EAST |
| 10 Aug 2023 | £30,551 | £30,000 | 57 STATION ROAD EAST |
| 1 Feb 2023 | £60,403 | £60,000 | 20 ST AIDANS TERRACE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 15 Nov 2021.
The average size of a house on STATION ROAD WEST is 97 sq meters (1,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Unable to prosecute suspect | On or near Station Road |
| Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Station Road |
| Jul 2024 | Drugs | Offender given a caution | On or near Station Road |
| Jul 2024 | Drugs | Offender given a caution | On or near Station Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |