£84,466
This estimated value is based upon the latest sale price for the house of £56,000 on 7 Nov 2014. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £56,000 | 7 Nov 2014 |
| £16,000 | 21 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 November 2014 the House Price Index for DURHAM was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £56,000 results in an estimated price of approximately £84,466.
| 7 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £56,000 | £28,466 | £84,466 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | 51.052 % | £28,588 | £84,588 |
| 3 Month Average | 38.550 % | £21,587 | £77,587 |
| 6 Month Average | 28.776 % | £16,114 | £72,114 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £47,000 | £47,000 | RED CROSS SHOP BEAMISH STREET |
| 29 Sep 2023 | £25,564 | £25,000 | 7 BEAMISH STREET |
| 30 Aug 2023 | £137,480 | £135,000 | 58 FRONT STREET |
| 26 Jun 2023 | £214,294 | £210,000 | 37 FRONT STREET |
| 19 Jun 2023 | £168,374 | £165,000 | ROYAL HOTEL FRONT STREET |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 17 Oct 2015. Using an estimated price of £84,466 means this house is valued at £898 per sq meter (£83 per sq foot).
The average size of a house on BEAMISH STREET is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Beamish Street |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Beamish Street |
| Oct 2024 | Shoplifting | Under investigation | On or near Beamish Street |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Beamish Street |
| Oct 2024 | Anti-social behaviour | On or near Beamish Street |