£104,701
This estimated value is based upon the latest sale price for the house of £21,950 on 3 Apr 1998. This value is then adjusted by the current Official House Price Index for DURHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £21,950 | 3 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 sq feet |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in April 1998 the House Price Index for DURHAM was 31.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 377.002%.Applying this 377.002% change to the original purchase price of £21,950 results in an estimated price of approximately £104,701.
| 3 Apr 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.4 | 149.7 | 377.002 % | £21,950 | £82,751 | £104,701 |
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 | 191.352 % | £42,001 | £63,951 |
| 3 Month Average | 251.295 % | £55,159 | £77,109 |
| 6 Month Average | 223.410 % | £49,038 | £70,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £49,765 | £49,000 | 13 SCHOOL TERRACE |
| 24 Oct 2023 | £40,930 | £40,000 | 19 FERN AVENUE |
| 16 Oct 2023 | £71,627 | £70,000 | 26 FERN AVENUE |
| 2 Oct 2023 | £38,371 | £37,500 | 11 SCHOOL TERRACE |
| 29 Sep 2023 | £47,037 | £46,000 | 12 FERN AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 26 Jul 2014. Using an estimated price of £104,702 means this house is valued at £1,246 per sq meter (£115 per sq foot).
The average size of a house on FERN AVENUE is 73 sq meters (789 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near School Lane | |
| Oct 2024 | Drugs | Offender given a caution | On or near School Lane |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near School Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Lane |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near School Lane |