£91,234
This estimated value is based upon the latest sale price for the house of £74,250 on 13 Jan 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £74,250 | 13 Jan 2020 |
| £82,000 | 1 Apr 2009 |
| £74,000 | 15 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 January 2020 the House Price Index for COUNTY DURHAM was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £74,250 results in an estimated price of approximately £91,234.
| 13 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £74,250 | £16,984 | £91,234 |
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 | 17.832 % | £13,240 | £87,490 |
| 3 Month Average | -42.216 % | £-31,345 | £42,904 |
| 6 Month Average | -29.502 % | £-21,905 | £52,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £90,788 | £90,000 | 16 MERZ ROAD |
| 8 Dec 2023 | £92,853 | £90,000 | 30 BOWES ROAD |
| 16 Nov 2023 | £107,735 | £105,000 | 23 BUTLER ROAD |
| 8 Nov 2023 | £110,813 | £108,000 | 6 RITSON ROAD |
| 5 Jun 2023 | £86,738 | £85,000 | 23 BOWES ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 1 Aug 2019. Using an estimated price of £91,234 means this house is valued at £1,341 per sq meter (£124 per sq foot).
The average size of a house on BUTLER ROAD is 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Butler Road | |
| Jul 2024 | Anti-social behaviour | On or near Butler Road | |
| Jun 2024 | Anti-social behaviour | On or near Butler Road | |
| Jun 2024 | Anti-social behaviour | On or near Butler Road | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Butler Road |