£80,231
This estimated value is based upon the latest sale price for the house of £78,999 on 28 Mar 2024. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £78,999 | 28 Mar 2024 |
| £44,500 | 26 Jan 2024 |
| £24,500 | 14 Nov 2017 |
| £27,000 | 16 Jun 2015 |
| £53,000 | 25 Feb 2008 |
| £48,000 | 31 Mar 2006 |
| £42,500 | 12 May 2005 |
| £28,000 | 22 Nov 2004 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2024 the House Price Index for DURHAM was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £78,999 results in an estimated price of approximately £80,231.
| 28 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £78,999 | £1,232 | £80,231 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | 16.908 % | £13,356 | £92,355 |
| 3 Month Average | 19.908 % | £15,727 | £94,726 |
| 6 Month Average | -4.083 % | £-3,225 | £75,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £50,000 | £50,000 | 7 CROFT GARDENS |
| 27 Mar 2024 | £74,647 | £73,500 | 10 CROFT GARDENS |
| 21 Dec 2023 | £51,585 | £50,000 | 6 ELDON TERRACE |
| 24 Nov 2023 | £143,595 | £139,950 | 16 CORSCOMBE CLOSE |
| 7 Aug 2023 | £53,973 | £53,000 | 8 ELDON TERRACE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 3 Jan 2014.
The average size of a house on HIGH STREET is 94 sq meters (1,018 sq feet).