£448,503
This estimated value is based upon the latest sale price for the house of £270,000 on 19 Jul 2013. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£270,000 | 19 Jul 2013 |
£180,000 | 15 Oct 2008 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,237 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 July 2013 the House Price Index for COUNTY DURHAM was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £270,000 results in an estimated price of approximately £448,503.
19 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.5 | 148.6 | 66.112 % | £270,000 | £178,503 | £448,503 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 11.629 % | £31,397 | £301,397 |
3 Month Average | 30.359 % | £81,968 | £351,968 |
6 Month Average | 33.048 % | £89,230 | £359,230 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £585,000 | £585,000 | 32 ALBERT STREET |
20 Jun 2023 | £41,452,114 | £40,950,000 | RUSHFORD COURT NORTH ROAD |
27 Jan 2023 | £537,468 | £540,000 | 7 ALBERT STREET |
24 Jun 2022 | £284,014 | £280,000 | 1 MOWBRAY STREET |
6 Apr 2022 | £432,516 | £420,000 | 14 MOWBRAY STREET |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 16 Apr 2013. Using an estimated price of £448,503 means this house is valued at £3,900 per sq meter (£362 per sq foot).
The average size of a house on WEST TERRACE is 134 sq meters (1,443 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Princes' Street | |
Feb 2024 | Anti-social behaviour | On or near Princes' Street | |
Jan 2024 | Anti-social behaviour | On or near Princes' Street | |
Jan 2024 | Anti-social behaviour | On or near Princes' Street | |
Jan 2024 | Anti-social behaviour | On or near Princes' Street |