£96,638
This estimated value is based upon the latest sale price for the house of £77,000 on 31 Jan 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £77,000 | 31 Jan 2018 |
| £64,250 | 12 Dec 2003 |
| £38,000 | 26 Jan 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 2018 the House Price Index for DURHAM was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £77,000 results in an estimated price of approximately £96,638.
| 31 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £77,000 | £19,638 | £96,638 |
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 | 45.282 % | £34,867 | £111,867 |
| 3 Month Average | 9.147 % | £7,043 | £84,043 |
| 6 Month Average | 8.807 % | £6,781 | £83,781 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £112,668 | £111,000 | 3 RAINE WALK |
| 19 Apr 2023 | £111,197 | £110,000 | 7 HENDERSON ROAD |
| 27 Feb 2023 | £44,970 | £45,000 | 43 HATFIELD ROAD |
| 6 Jul 2022 | £110,297 | £110,000 | 19 SHERATON ROAD |
| 11 May 2022 | £178,361 | £175,000 | 31 SHERATON ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 21 Mar 2017. Using an estimated price of £96,638 means this house is valued at £1,637 per sq meter (£152 per sq foot).
The average size of a house on SHERATON ROAD is 92 sq meters (992 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (635 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Sheraton Road |
| Apr 2024 | Anti-social behaviour | On or near Sheraton Road | |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Sheraton Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Sheraton Road |