£85,207
This estimated value is based upon the latest sale price for the house of £83,500 on 7 Jun 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £83,500 | 7 Jun 2023 |
| £76,500 | 24 Aug 2018 |
| £80,000 | 30 Sep 2005 |
| £65,000 | 16 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2023 the House Price Index for DURHAM was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £83,500 results in an estimated price of approximately £85,207.
| 7 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £83,500 | £1,707 | £85,207 |
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 | -6.303 % | £-5,262 | £78,237 |
| 3 Month Average | -3.538 % | £-2,954 | £80,545 |
| 6 Month Average | -13.689 % | £-11,430 | £72,069 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £83,677 | £82,950 | 17 CAMBRIDGE ROAD |
| 6 Nov 2023 | £51,302 | £50,000 | 5 ACRE RIGG ROAD |
| 27 Oct 2023 | £64,976 | £63,500 | 2 KENT WALK |
| 7 Sep 2023 | £61,352 | £60,000 | 63 BASINGSTOKE ROAD |
| 16 Jun 2023 | £83,677 | £82,000 | 29 BEVERLEY WAY |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 15 Sep 2017. Using an estimated price of £85,208 means this house is valued at £1,331 per sq meter (£123 per sq foot).
The average size of a house on ACRE RIGG ROAD is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Morton Square |
| Oct 2024 | Other crime | Local resolution | On or near Essington Way |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Essington Way |
| Oct 2024 | Violence and sexual offences | Local resolution | On or near Essington Way |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Essington Way |