£127,734
This estimated value is based upon the latest sale price for the house of £79,000 on 20 Dec 2013. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£79,000 | 20 Dec 2013 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 935 sq feet |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in December 2013 the House Price Index for COUNTY DURHAM was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £79,000 results in an estimated price of approximately £127,734.
20 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 149.7 | 61.690 % | £79,000 | £48,734 | £127,734 |
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 | -4.746 % | £-3,749 | £75,250 |
3 Month Average | -4.909 % | £-3,878 | £75,121 |
6 Month Average | -3.401 % | £-2,686 | £76,313 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2024 | £125,000 | £125,000 | 36 ACRE RIGG ROAD |
30 Oct 2023 | £92,092 | £90,000 | 50 ACRE RIGG ROAD |
27 Oct 2023 | £76,743 | £75,000 | 4 HERTFORD PLACE |
9 Jun 2023 | £91,840 | £90,000 | 7 BEDFORD PLACE |
10 Feb 2023 | £70,471 | £70,000 | 18 BEDFORD PLACE |
This house has a floor area of 86 sq meters or 935 sq feet when measured on 28 Jan 2010. Using an estimated price of £127,735 means this house is valued at £1,469 per sq meter (£136 per sq foot).
The average size of a house on CAMBRIDGE ROAD is 92 sq meters (1,000 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Cambridge Road |
Jul 2024 | Other theft | Under investigation | On or near Berkshire Road |
Jun 2024 | Anti-social behaviour | On or near Berkshire Road | |
Jun 2024 | Anti-social behaviour | On or near Berkshire Road | |
Jul 2024 | Anti-social behaviour | On or near Essex Place |