£123,795
This estimated value is based upon the latest sale price for the house of £78,000 on 18 Mar 2008. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £78,000 | 18 Mar 2008 |
| £83,500 | 15 Jul 2005 |
| £29,950 | 25 Aug 2000 |
| £26,950 | 31 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 March 2008 the House Price Index for DURHAM was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.712%.Applying this 58.712% change to the original purchase price of £78,000 results in an estimated price of approximately £123,795.
| 18 Mar 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.712 % | £78,000 | £45,795 | £123,795 |
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 | -1.970 % | £-1,536 | £76,463 |
| 3 Month Average | -5.183 % | £-4,042 | £73,957 |
| 6 Month Average | -22.883 % | £-17,848 | £60,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £67,587 | £67,000 | 20 ROSEDALE TERRACE |
| 27 Mar 2024 | £39,609 | £39,000 | 22 HUDSON AVENUE |
| 20 Dec 2023 | £84,600 | £82,000 | 25 ROSEDALE TERRACE |
| 13 Oct 2023 | £40,878 | £39,950 | 3 HUDSON AVENUE |
| 13 Oct 2023 | £110,510 | £108,000 | 45 ROSEDALE TERRACE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 23 Dec 2013. Using an estimated price of £123,795 means this house is valued at £1,672 per sq meter (£155 per sq foot).
The average size of a house on ROSEDALE TERRACE is 77 sq meters (832 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shotton Road |
| Aug 2024 | Drugs | Under investigation | On or near Shotton Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenside Avenue |
| Jul 2024 | Anti-social behaviour | On or near Greenside Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Greenside Avenue |