£72,085
This estimated value is based upon the latest sale price for the house of £70,000 on 22 Apr 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £70,000 | 22 Apr 2022 |
| £78,000 | 25 May 2007 |
| 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 April 2022 the House Price Index for DURHAM was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £70,000 results in an estimated price of approximately £72,085.
| 22 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £70,000 | £2,085 | £72,085 |
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 | 51.207 % | £35,845 | £105,845 |
| 3 Month Average | 0.292 % | £204 | £70,204 |
| 6 Month Average | 2.417 % | £1,691 | £71,691 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £91,603 | £90,000 | M & K SERVICES GEORGE STREET INDUSTRIAL ESTATE |
| 19 Sep 2023 | £172,202 | £170,000 | 3 EMILY STREET EAST |
| 8 Sep 2023 | £172,202 | £170,000 | 9 CLARENCE STREET |
| 31 Jul 2023 | £182,405 | £179,950 | 6 EMILY STREET EAST |
| 4 Jul 2023 | £93,762 | £92,500 | 45 MARLBOROUGH |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 19 Nov 2015. Using an estimated price of £72,086 means this house is valued at £858 per sq meter (£79 per sq foot).
The average size of a house on MARLBOROUGH is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near George Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near George Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near George Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Charles Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cornelia Terrace |