£77,008
This estimated value is based upon the latest sale price for the house of £30,000 on 29 Nov 2002. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £30,000 | 29 Nov 2002 |
| £22,500 | 22 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 November 2002 the House Price Index for DURHAM was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £30,000 results in an estimated price of approximately £77,008.
| 29 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £30,000 | £47,008 | £77,008 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 154.384 % | £46,315 | £76,315 |
| 3 Month Average | 127.678 % | £38,303 | £68,303 |
| 6 Month Average | 186.460 % | £55,937 | £85,937 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £64,000 | £64,000 | 5 ROBERT STREET |
| 2 Aug 2023 | £166,406 | £164,950 | 28 ALFRED STREET |
| 23 Jun 2023 | £161,962 | £160,000 | 2 NURSERY BUNGALOWS |
| 24 Mar 2023 | £124,170 | £123,000 | 2 ALFRED STREET EAST |
| 17 Feb 2023 | £83,944 | £84,000 | 28 STEWART STREET EAST |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 16 Apr 2014. Using an estimated price of £77,009 means this house is valued at £1,054 per sq meter (£98 per sq foot).
The average size of a house on CANDLISH TERRACE is 106 sq meters (1,145 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Candlish Terrace |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Stewart Street |
| Feb 2024 | Other crime | Further action is not in the public interest | On or near Stewart Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stewart Street |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Stewart Street |