£72,152
This estimated value is based upon the latest sale price for the house of £43,000 on 26 Jun 2013. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £43,000 | 26 Jun 2013 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 June 2013 the House Price Index for COUNTY DURHAM was 89.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.796%.Applying this 67.796% change to the original purchase price of £43,000 results in an estimated price of approximately £72,152.
| 26 Jun 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 149.7 | 67.796 % | £43,000 | £29,152 | £72,152 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -13.391 % | £-5,758 | £37,241 |
| 3 Month Average | -9.781 % | £-4,205 | £38,794 |
| 6 Month Average | -6.500 % | £-2,795 | £40,204 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £90,790 | £88,000 | 89 COTSFORD PARK ESTATE |
| 6 Oct 2023 | £97,203 | £94,995 | 10 MACBETH WALK |
| 1 Sep 2023 | £156,449 | £153,000 | 3 SANDRINGHAM CRESCENT |
| 3 Aug 2023 | £93,689 | £91,999 | 11 ALDER ROAD |
| 2 Feb 2023 | £90,605 | £90,000 | 12 BLACKTHORNE AVENUE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 31 Jan 2013. Using an estimated price of £72,152 means this house is valued at £925 per sq meter (£85 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cherry Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cherry Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Avenue |
| May 2024 | Anti-social behaviour | On or near Cherry Avenue | |
| May 2024 | Anti-social behaviour | On or near Cherry Avenue |