£128,086
This estimated value is based upon the latest sale price for the house of £75,000 on 8 Sep 2010. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £75,000 | 8 Sep 2010 |
| £92,000 | 17 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 September 2010 the House Price Index for COUNTY DURHAM was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.782%.Applying this 70.782% change to the original purchase price of £75,000 results in an estimated price of approximately £128,086.
| 8 Sep 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.782 % | £75,000 | £53,086 | £128,086 |
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 | -30.305 % | £-22,728 | £52,271 |
| 3 Month Average | -16.771 % | £-12,578 | £62,421 |
| 6 Month Average | -18.376 % | £-13,782 | £61,217 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £72,108 | £71,000 | 70 NEVILLE ROAD |
| 8 Dec 2023 | £90,274 | £87,500 | 31 NEVILLE ROAD |
| 17 Nov 2023 | £68,745 | £67,000 | 43 NEVILLE ROAD |
| 14 Apr 2023 | £73,372 | £72,000 | 21 HERTON CLOSE |
| 3 Apr 2023 | £97,830 | £96,000 | 16 NEVILLE ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 13 Jan 2020. Using an estimated price of £128,086 means this house is valued at £1,642 per sq meter (£152 per sq foot).
The average size of a house on NEVILLE ROAD is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Weston View |
| Jun 2024 | Anti-social behaviour | On or near Weston View | |
| Jun 2024 | Anti-social behaviour | On or near Weston View | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Weston View |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Herton Close |