£74,217
This estimated value is based upon the latest sale price for the house of £57,500 on 28 Jun 2017. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £57,500 | 28 Jun 2017 |
| £80,000 | 16 Apr 2007 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 June 2017 the House Price Index for DURHAM was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £57,500 results in an estimated price of approximately £74,217.
| 28 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £57,500 | £16,717 | £74,217 |
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 | -8.686 % | £-4,994 | £52,505 |
| 3 Month Average | 28.887 % | £16,610 | £74,110 |
| 6 Month Average | 33.403 % | £19,206 | £76,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £46,000 | £46,000 | 4 LUMSDEN TERRACE |
| 16 May 2024 | £62,000 | £62,000 | 10 BEVERLEY TERRACE |
| 6 Mar 2024 | £66,014 | £65,000 | 8 BEVERLEY TERRACE |
| 27 Oct 2023 | £117,673 | £115,000 | 11 CENTURY TERRACE |
| 1 Sep 2023 | £58,781 | £57,485 | 10 ELM TERRACE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 11 May 2017. Using an estimated price of £74,218 means this house is valued at £853 per sq meter (£79 per sq foot).
The average size of a house on PINE TERRACE is 132 sq meters (1,421 sq feet).
This house is the smallest in the street with a floor area of 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Batey Street |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Batey Street |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greentree Lane |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greentree Lane |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greentree Lane |