£53,554
This estimated value is based upon the latest sale price for the house of £20,160 on 21 Oct 2002. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £20,160 | 21 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 October 2002 the House Price Index for DURHAM was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £20,160 results in an estimated price of approximately £53,554.
| 21 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 149.7 | 165.645 % | £20,160 | £33,394 | £53,554 |
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 | 139.259 % | £28,074 | £48,234 |
| 3 Month Average | 181.219 % | £36,533 | £56,693 |
| 6 Month Average | 169.530 % | £34,177 | £54,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £48,000 | £48,000 | 36 ROSE AVENUE |
| 12 Apr 2024 | £37,324 | £37,000 | 33 PALMER STREET |
| 1 Mar 2024 | £50,780 | £50,000 | 19 ROSE AVENUE |
| 20 Dec 2023 | £51,585 | £50,000 | 5 PALMER STREET |
| 24 Oct 2023 | £40,930 | £40,000 | 19 FERN AVENUE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 5 Feb 2015. Using an estimated price of £53,554 means this house is valued at £546 per sq meter (£50 per sq foot).
The average size of a house on KING TERRACE is 103 sq meters (1,109 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Further investigation is not in the public interest | On or near Salisbury Street |
| Sep 2024 | Other crime | Further investigation is not in the public interest | On or near Salisbury Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salisbury Street |
| Aug 2024 | Drugs | Local resolution | On or near Salisbury Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salisbury Street |