£93,420
This estimated value is based upon the latest sale price for the house of £58,500 on 10 May 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£58,500 | 10 May 2007 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 May 2007 the House Price Index for DURHAM was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £58,500 results in an estimated price of approximately £93,420.
10 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.1 | 148.6 | 59.693 % | £58,500 | £34,920 | £93,420 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | -3.803 % | £-2,224 | £56,275 |
3 Month Average | -16.172 % | £-9,460 | £49,039 |
6 Month Average | 1.217 % | £711 | £59,211 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £40,000 | £40,000 | 16 STEPHENSON STREET |
12 Mar 2024 | £43,000 | £43,000 | 39 FARADAY STREET |
29 Sep 2023 | £40,517 | £39,999 | 16 BRUNEL STREET |
25 Aug 2023 | £40,353 | £40,000 | 40 BRUNEL STREET |
28 Jul 2023 | £29,396 | £29,000 | 2 STEPHENSON STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 23 Jul 2013. Using an estimated price of £93,420 means this house is valued at £1,086 per sq meter (£100 per sq foot).
The average size of a house on BRUNEL STREET is 80 sq meters (864 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Faraday Street |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brunel Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brunel Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brunel Street |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Brunel Street |