£408,091
This estimated value is based upon the latest sale price for the house of £235,000 on 28 Jun 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near North Terrace
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| Price Paid | Date |
|---|---|
| £235,000 | 28 Jun 2006 |
| Terraced |
| Leasehold |
| Floor Area: 101 sq meters or 1,087 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 2006 the House Price Index for DURHAM was 85.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.656%.Applying this 73.656% change to the original purchase price of £235,000 results in an estimated price of approximately £408,091.
| 28 Jun 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 148.6 | 73.656 % | £235,000 | £173,091 | £408,091 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -3.414 % | £-8,023 | £226,976 |
| 3 Month Average | -17.193 % | £-40,404 | £194,595 |
| 6 Month Average | -4.650 % | £-10,927 | £224,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £255,264 | £252,000 | 46 - 47 CHURCH STREET |
| 14 Jul 2023 | £65,887 | £65,000 | 10 WEAR STREET |
| 28 Jun 2022 | £50,717 | £50,000 | 18 HAWTHORN SQUARE |
| 14 Jun 2022 | £43,616 | £43,000 | 4 SOUTH TERRACE |
| 11 May 2022 | £76,440 | £75,000 | 53 CHURCH STREET |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 18 Oct 2021. Using an estimated price of £408,092 means this house is valued at £4,040 per sq meter (£375 per sq foot).
The average size of a house on MARQUESS POINT is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Unable to prosecute suspect | On or near North Terrace |
| Dec 2023 | Burglary | Under investigation | On or near North Terrace |