£71,307
This estimated value is based upon the latest sale price for the house of £38,500 on 8 Jul 2005. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £38,500 | 8 Jul 2005 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 July 2005 the House Price Index for DURHAM was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.214%.Applying this 85.214% change to the original purchase price of £38,500 results in an estimated price of approximately £71,307.
| 8 Jul 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 149.7 | 85.214 % | £38,500 | £32,807 | £71,307 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 10.467 % | £4,029 | £42,529 |
| 3 Month Average | 11.381 % | £4,381 | £42,881 |
| 6 Month Average | 12.537 % | £4,826 | £43,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jun 2024 | £95,000 | £95,000 | 9 DALTON AVENUE |
| 14 Dec 2023 | £89,758 | £87,000 | 53 HEXHAM AVENUE |
| 16 Jun 2023 | £79,085 | £77,500 | 57 GRANTHAM AVENUE |
| 11 Nov 2022 | £122,428 | £123,000 | 2 EXETER AVENUE |
| 24 Aug 2022 | £76,357 | £76,000 | 57 IVY AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 25 Jan 2017. Using an estimated price of £71,307 means this house is valued at £848 per sq meter (£78 per sq foot).
The average size of a house on FRANK AVENUE is 64 sq meters (698 sq feet).
This house is the largest in the street with a floor area of 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Exeter Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Exeter Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Exeter Avenue |
| Sep 2024 | Other crime | Under investigation | On or near Exeter Avenue |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Exeter Avenue |