£115,098
This estimated value is based upon the latest sale price for the house of £72,000 on 25 Apr 2008. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £72,000 | 25 Apr 2008 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 April 2008 the House Price Index for DURHAM was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £72,000 results in an estimated price of approximately £115,098.
| 25 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 149.7 | 59.859 % | £72,000 | £43,098 | £115,098 |
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 | -3.932 % | £-2,831 | £69,168 |
| 3 Month Average | -5.152 % | £-3,709 | £68,290 |
| 6 Month Average | -20.846 % | £-15,009 | £56,990 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £21,034 | £20,500 | 102 SEVENTH STREET |
| 3 Oct 2023 | £30,697 | £30,000 | 62 SIXTH STREET |
| 2 Aug 2023 | £33,606 | £33,000 | 80 SIXTH STREET |
| 2 Aug 2023 | £25,714 | £25,250 | 123 SEVENTH STREET |
| 16 Jun 2023 | £26,277 | £25,750 | 103 SEVENTH STREET |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 17 Mar 2015. Using an estimated price of £115,098 means this house is valued at £1,198 per sq meter (£111 per sq foot).
The average size of a house on COTSFORD LANE is 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sixth Street |
| Oct 2024 | Anti-social behaviour | On or near Sixth Street | |
| Oct 2024 | Anti-social behaviour | On or near Sixth Street | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Sixth Street |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sixth Street |