£156,483
This estimated value is based upon the latest sale price for the house of £28,000 on 13 Apr 1995. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £28,000 | 13 Apr 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 1995 the House Price Index for DURHAM was 26.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 458.871%.Applying this 458.871% change to the original purchase price of £28,000 results in an estimated price of approximately £156,483.
| 13 Apr 1995 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 148.0 | 458.871 % | £28,000 | £128,483 | £156,483 |
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 | 250.258 % | £70,072 | £98,072 |
| 3 Month Average | 237.613 % | £66,531 | £94,531 |
| 6 Month Average | 265.193 % | £74,253 | £102,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £91,736 | £90,000 | M & K SERVICES GEORGE STREET INDUSTRIAL ESTATE |
| 31 Jul 2023 | £181,668 | £179,950 | 6 EMILY STREET EAST |
| 4 Jul 2023 | £93,383 | £92,500 | 45 MARLBOROUGH |
| 22 Feb 2023 | £186,617 | £187,500 | 6 QUEEN STREET |
| 27 Jan 2023 | £135,807 | £137,000 | 4 CLARENCE STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 9 Jan 2014. Using an estimated price of £156,484 means this house is valued at £1,931 per sq meter (£179 per sq foot).
The average size of a house on MARLBOROUGH is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Charles Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cornelia Terrace |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cornelia Terrace |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cornelia Terrace |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Clarence Street |