£80,258
This estimated value is based upon the latest sale price for the house of £53,000 on 6 Aug 2014. 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 |
---|---|
£53,000 | 6 Aug 2014 |
Terraced |
Freehold |
Floor Area: 113 sq meters or 1,216 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 August 2014 the House Price Index for COUNTY DURHAM was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £53,000 results in an estimated price of approximately £80,258.
6 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £53,000 | £27,258 | £80,258 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | -31.466 % | £-16,676 | £36,323 |
3 Month Average | -0.043 % | £-22 | £52,977 |
6 Month Average | 8.622 % | £4,569 | £57,569 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £137,404 | £135,000 | 2 WINDSOR MEWS |
12 Sep 2023 | £123,580 | £122,000 | 5 LIBRARY TERRACE |
28 Jul 2023 | £35,477 | £35,000 | 4 BETHANY TERRACE |
19 Jul 2023 | £65,887 | £65,000 | 26 VICTORIA TERRACE |
21 Feb 2023 | £10,197 | £10,204 | NORTH ROAD GARAGE NORTH ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 14 Nov 2014. Using an estimated price of £80,259 means this house is valued at £710 per sq meter (£65 per sq foot).
The average size of a house on VICTORIA TERRACE is 135 sq meters (1,457 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Library Walk |
Feb 2024 | Burglary | Under investigation | On or near New Blackett Street |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near New Blackett Street |
Jan 2024 | Criminal damage and arson | Under investigation | On or near New Blackett Street |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near New Blackett Street |