£59,609
This estimated value is based upon the latest sale price for the house of £35,000 on 10 Aug 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £35,000 | 10 Aug 2012 |
| £16,500 | 6 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,083 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 August 2012 the House Price Index for COUNTY DURHAM was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £35,000 results in an estimated price of approximately £59,609.
| 10 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £35,000 | £24,609 | £59,609 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | -42.501 % | £-14,875 | £20,124 |
| 3 Month Average | -2.466 % | £-862 | £34,137 |
| 6 Month Average | 16.043 % | £5,615 | £40,615 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £60,902 | £60,000 | 11 LANGLEY TERRACE |
| 22 Sep 2023 | £113,451 | £112,000 | 32 TEESDALE TERRACE |
| 22 Mar 2023 | £65,618 | £65,000 | 8 LANGLEY TERRACE |
| 6 May 2022 | £63,853 | £62,650 | 28 WEARDALE TERRACE |
| 9 Mar 2022 | £88,082 | £85,000 | 7 PERCY TERRACE |
This house has a floor area of 100 sq meters or 1,083 sq feet when measured on 17 Feb 2012. Using an estimated price of £59,609 means this house is valued at £592 per sq meter (£55 per sq foot).
The average size of a house on LANGLEY TERRACE is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Teesdale Court |