£71,461
This estimated value is based upon the latest sale price for the house of £50,000 on 21 Aug 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £50,000 | 21 Aug 2015 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 August 2015 the House Price Index for COUNTY DURHAM was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £50,000 results in an estimated price of approximately £71,461.
| 21 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £50,000 | £21,461 | £71,461 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 93.987 % | £46,993 | £96,993 |
| 3 Month Average | 8.990 % | £4,494 | £54,494 |
| 6 Month Average | 6.354 % | £3,177 | £53,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £70,229 | £69,000 | 48 BEECHFIELD |
| 1 Sep 2023 | £111,425 | £110,000 | 52 OAKFIELD |
| 25 Nov 2022 | £90,899 | £92,000 | 92 BEECHFIELD |
| 30 Jun 2022 | £136,935 | £135,000 | 18 OAKFIELD |
| 12 May 2022 | £129,439 | £127,000 | 72 OAKFIELD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 13 Dec 2013. Using an estimated price of £71,461 means this house is valued at £1,171 per sq meter (£108 per sq foot).
The average size of a house on BEECHFIELD is 92 sq meters (996 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Beechfield |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Beechfield |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Beechfield |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Beechfield |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Beechfield |