£51,708
This estimated value is based upon the latest sale price for the house of £35,000 on 1 Jun 2015. 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 | 1 Jun 2015 |
| £48,000 | 4 Feb 2011 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,267 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 June 2015 the House Price Index for COUNTY DURHAM was 68.5.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 47.737%.Applying this 47.737% change to the original purchase price of £35,000 results in an estimated price of approximately £51,708.
| 1 Jun 2015 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.5 | 101.2 | 47.737 % | £35,000 | £16,708 | £51,708 |
The Postcode Pricing Model uses changes in average sales price within the TS28 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 | 115.597 % | £40,459 | £75,459 |
| 3 Month Average | 16.890 % | £5,911 | £40,911 |
| 6 Month Average | 36.805 % | £12,881 | £47,881 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2024 | £28,140 | £27,500 | 51 NORTH ROAD WEST |
| 31 May 2024 | £35,742 | £35,000 | 34 NORTH ROAD EAST |
| 23 Nov 2023 | £79,839 | £76,999 | 32 NORTH ROAD WEST |
| 21 Sep 2023 | £82,528 | £80,000 | 12 MOOR LANE |
| 15 Sep 2023 | £69,117 | £67,000 | 434 NEW CROSS ROW |
This house has a floor area of 117 sq meters or 1,267 sq feet when measured on 24 Sep 2010. Using an estimated price of £51,708 means this house is valued at £439 per sq meter (£40 per sq foot).
The average size of a house on NORTH ROAD EAST is 129 sq meters (1,395 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Violence and sexual offences | Action to be taken by another organisation | On or near Parking Area |
| Jan 2025 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Jan 2025 | Anti-social behaviour | On or near Parking Area | |
| Dec 2024 | Possession of weapons | Local resolution | On or near Parking Area |
| Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |