£106,032
This estimated value is based upon the latest sale price for the house of £78,500 on 11 Mar 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£78,500 | 11 Mar 2016 |
£83,000 | 31 Aug 2010 |
£52,000 | 20 Sep 2002 |
£38,000 | 9 Jun 2000 |
£33,000 | 11 Sep 1995 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 624 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 March 2016 the House Price Index for COUNTY DURHAM was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £78,500 results in an estimated price of approximately £106,032.
11 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £78,500 | £27,532 | £106,032 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | -3.176 % | £-2,492 | £76,007 |
3 Month Average | 22.917 % | £17,990 | £96,490 |
6 Month Average | 20.173 % | £15,835 | £94,335 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £108,608 | £107,000 | 41 HILDA TERRACE |
17 Nov 2023 | £114,698 | £113,000 | 4 GLENMORE AVENUE |
29 Sep 2023 | £113,957 | £112,500 | 9 HILDA TERRACE |
22 Sep 2023 | £70,907 | £70,000 | 15 HILDA TERRACE |
16 Jun 2023 | £120,459 | £119,000 | 18 GLENMORE AVENUE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 2 Oct 2015. Using an estimated price of £106,033 means this house is valued at £1,828 per sq meter (£169 per sq foot).
The average size of a house on SOUTH STREET is 76 sq meters (818 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Unable to prosecute suspect | On or near Hilda Terrace |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Hilda Terrace |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hilda Terrace |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glenmore Avenue |
Jan 2024 | Violence and sexual offences | Local resolution | On or near Glenmore Avenue |