£39,946
This estimated value is based upon the latest sale price for the house of £35,000 on 14 Jan 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£35,000 | 14 Jan 2021 |
£22,500 | 12 Dec 2019 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 January 2021 the House Price Index for COUNTY DURHAM was 130.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.132%.Applying this 14.132% change to the original purchase price of £35,000 results in an estimated price of approximately £39,946.
14 Jan 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
130.2 | 148.6 | 14.132 % | £35,000 | £4,946 | £39,946 |
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 | -9.536 % | £-3,337 | £31,662 |
3 Month Average | -0.997 % | £-348 | £34,651 |
6 Month Average | 6.298 % | £2,204 | £37,204 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £33,496 | £33,000 | 17 WARREN STREET |
28 Jun 2023 | £27,331 | £27,000 | 19 TENTH STREET |
12 Apr 2023 | £29,316 | £29,000 | 13 ELEVENTH STREET |
4 Apr 2023 | £37,706 | £37,300 | 46 ELEVENTH STREET |
9 Mar 2023 | £28,771 | £28,500 | 37 ELEVENTH STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 17 Dec 2014. Using an estimated price of £39,946 means this house is valued at £532 per sq meter (£49 per sq foot).
The average size of a house on WARREN STREET is 75 sq meters (810 sq feet).
This house is the largest in the street with a floor area of 75 sq meters (807 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Robbery | Under investigation | On or near Warren Street |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Warren Street |
Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Warren Street |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Warren Street |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Warren Street |