£31,907
This estimated value is based upon the latest sale price for the house of £27,000 on 22 Oct 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £27,000 | 22 Oct 2020 |
| £21,950 | 2 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 October 2020 the House Price Index for DURHAM was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £27,000 results in an estimated price of approximately £31,907.
| 22 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £27,000 | £4,907 | £31,907 |
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 | 8.842 % | £2,387 | £29,387 |
| 3 Month Average | 18.955 % | £5,117 | £32,117 |
| 6 Month Average | -9.424 % | £-2,544 | £24,455 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2024 | £40,000 | £40,000 | 23 JAMES STREET |
| 15 Mar 2024 | £55,350 | £54,500 | 8 THORPE STREET |
| 11 Mar 2024 | £50,780 | £50,000 | 19 JAMES STREET |
| 7 Nov 2023 | £37,451 | £36,500 | 20 THORPE STREET |
| 1 Nov 2023 | £44,120 | £43,000 | 28 THORPE STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 11 Jun 2021. Using an estimated price of £31,908 means this house is valued at £455 per sq meter (£42 per sq foot).
The average size of a house on HAWTHORN STREET is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hawthorn Street |
| Oct 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hawthorn Street |
| Oct 2024 | Other crime | Investigation complete; no suspect identified | On or near Hawthorn Street |
| Oct 2024 | Vehicle crime | Under investigation | On or near Hawthorn Street |
| Sep 2024 | Other theft | Formal action is not in the public interest | On or near Hawthorn Street |