£137,023
This estimated value is based upon the latest sale price for the house of £78,500 on 22 May 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £78,500 | 22 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 2006 the House Price Index for DURHAM was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £78,500 results in an estimated price of approximately £137,023.
| 22 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £78,500 | £58,523 | £137,023 |
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 | 22.493 % | £17,657 | £96,157 |
| 3 Month Average | 8.147 % | £6,395 | £84,895 |
| 6 Month Average | 25.635 % | £20,123 | £98,623 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £76,127 | £75,000 | 16 MARKET STREET |
| 10 Aug 2023 | £8,071 | £8,000 | 7 MAIN STREET |
| 13 Apr 2023 | £45,490 | £45,000 | 10 DAVY STREET |
| 12 Apr 2023 | £40,435 | £40,000 | 2C PARKER TERRACE |
| 4 Apr 2023 | £22,239 | £22,000 | 67 DAVY STREET |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 21 Jan 2020. Using an estimated price of £137,023 means this house is valued at £1,201 per sq meter (£111 per sq foot).
The average size of a house on DURHAM ROAD is 137 sq meters (1,482 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Road |
| Feb 2024 | Anti-social behaviour | On or near Saddler Street | |
| Feb 2024 | Anti-social behaviour | On or near Saddler Street | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Saddler Street |
| Mar 2024 | Anti-social behaviour | On or near Main Street |