£101,208
This estimated value is based upon the latest sale price for the house of £82,500 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £82,500 | 6 Dec 2019 |
| £80,000 | 14 Mar 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 December 2019 the House Price Index for COUNTY DURHAM was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £82,500 results in an estimated price of approximately £101,208.
| 6 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £82,500 | £18,708 | £101,208 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 14.379 % | £11,862 | £94,362 |
| 3 Month Average | 13.859 % | £11,433 | £93,933 |
| 6 Month Average | 19.143 % | £15,793 | £98,293 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £60,777 | £60,000 | 5 YORK AVENUE |
| 8 Jun 2023 | £48,589 | £48,000 | 9 YORK AVENUE |
| 2 Feb 2023 | £174,882 | £175,000 | 27 PARK TERRACE |
| 27 Jan 2023 | £144,320 | £145,000 | 82 ESSEX AVENUE |
| 11 Nov 2022 | £122,516 | £124,000 | 16 CUMBERLAND ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 4 Apr 2019. Using an estimated price of £101,208 means this house is valued at £1,367 per sq meter (£127 per sq foot).
There is one other house on the street which we know the size of, this is 3 SOMERSET ROAD it is 76.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Somerset Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cumberland Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Warwick Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near York Place |
| Apr 2024 | Other theft | Under investigation | On or near Cambridge Avenue |