£350,853
This estimated value is based upon the latest sale price for the house of £205,000 on 3 Dec 2010. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £205,000 | 3 Dec 2010 |
| £161,000 | 31 Jan 2003 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,209 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 December 2010 the House Price Index for COUNTY DURHAM was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £205,000 results in an estimated price of approximately £350,853.
| 3 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 148.6 | 71.148 % | £205,000 | £145,853 | £350,853 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | -20.743 % | £-42,523 | £162,476 |
| 3 Month Average | -7.452 % | £-15,276 | £189,723 |
| 6 Month Average | -8.090 % | £-16,584 | £188,415 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £30,534 | £30,000 | 1 CLIFFORD STREET |
| 16 Jun 2023 | £227,759 | £225,000 | OLMA DURHAM ROAD |
| 28 Apr 2023 | £144,051 | £142,500 | 3 JOLLIFFE STREET |
| 6 Apr 2023 | £144,556 | £143,000 | 11 JOLLIFFE STREET |
| 16 Mar 2023 | £70,666 | £70,000 | 41 CLIFFORD STREET |
This house has a floor area of 112 sq meters or 1,209 sq feet when measured on 9 Mar 2010. Using an estimated price of £350,854 means this house is valued at £3,121 per sq meter (£289 per sq foot).
The average size of a house on PARK ROAD SOUTH is 135 sq meters (1,457 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jolliffe Street |
| Mar 2024 | Anti-social behaviour | On or near Orchard Gardens | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Gardens |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Coronation Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Clifford Street |