£133,439
This estimated value is based upon the latest sale price for the house of £53,950 on 14 Jan 2003. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £53,950 | 14 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 927 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 January 2003 the House Price Index for DURHAM was 60.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 147.338%.Applying this 147.338% change to the original purchase price of £53,950 results in an estimated price of approximately £133,439.
| 14 Jan 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 148.6 | 147.338 % | £53,950 | £79,489 | £133,439 |
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 | 131.369 % | £70,873 | £124,823 |
| 3 Month Average | 84.683 % | £45,686 | £99,636 |
| 6 Month Average | 77.826 % | £41,987 | £95,937 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £85,594 | £84,500 | 66 SHAFTO WAY |
| 1 Sep 2023 | £131,633 | £129,950 | 41 EDEN ROAD |
| 8 Aug 2023 | £78,688 | £78,000 | 12 ARROWSMITH SQUARE |
| 31 Jul 2023 | £121,637 | £120,000 | 2 HATFIELD ROAD |
| 16 Jun 2023 | £141,717 | £140,000 | 33 EDEN ROAD |
This house has a floor area of 86 sq meters or 927 sq feet when measured on 27 Apr 2011. Using an estimated price of £133,439 means this house is valued at £1,547 per sq meter (£143 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Further investigation is not in the public interest | On or near Denham Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Denham Place |
| Mar 2024 | Other crime | Under investigation | On or near Denham Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stanfield Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stanfield Road |