£43,853
This estimated value is based upon the latest sale price for the house of £36,000 on 23 Jul 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near School Lane
More crime details
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| Price Paid | Date |
|---|---|
| £36,000 | 23 Jul 2020 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 July 2020 the House Price Index for COUNTY DURHAM was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £36,000 results in an estimated price of approximately £43,853.
| 23 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £36,000 | £7,853 | £43,853 |
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 | -31.736 % | £-11,424 | £24,575 |
| 3 Month Average | 33.606 % | £12,098 | £48,098 |
| 6 Month Average | 33.379 % | £12,016 | £48,016 |
| 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 77 sq meters or 828 sq feet when measured on 23 Apr 2011. Using an estimated price of £43,854 means this house is valued at £569 per sq meter (£52 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 | Burglary | Investigation complete; no suspect identified | On or near School Lane |