£199,160
This estimated value is based upon the latest sale price for the house of £32,500 on 12 May 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£32,500 | 12 May 2023 |
£85,000 | 24 Aug 2001 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 957 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 May 2023 the House Price Index for DURHAM was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £32,500 results in an estimated price of approximately £199,160.
12 May 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 149.7 | 512.803 % | £32,500 | £166,660 | £199,160 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | 60.039 % | £19,512 | £52,012 |
3 Month Average | 3.226 % | £1,048 | £33,548 |
6 Month Average | -1.397 % | £-454 | £32,045 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £76,953 | £75,000 | 16 MARKET STREET |
20 Apr 2023 | £31,591 | £31,000 | 73 - 79 CHURCH LANE |
14 Apr 2023 | £71,334 | £70,000 | 14 CHURCH ROAD |
11 Jun 2022 | £183,932 | £180,000 | 6 GLEBE HOUSES |
4 May 2022 | £41,070 | £40,000 | 106 CHURCH LANE |
This house has a floor area of 88 sq meters or 957 sq feet when measured on 22 Jun 2009.
The average size of a house on MARKET STREET is 127 sq meters (1,374 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Robbery | Under investigation | On or near Market Street |
Oct 2024 | Other crime | Unable to prosecute suspect | On or near Market Street |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Market Street |
Aug 2024 | Public order | Unable to prosecute suspect | On or near Market Street |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Market Street |