£60,572
This estimated value is based upon the latest sale price for the house of £60,000 on 28 Jul 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£60,000 | 28 Jul 2023 |
£31,000 | 2 Mar 2012 |
£20,000 | 18 Nov 2011 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 2023 the House Price Index for COUNTY DURHAM was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £60,000 results in an estimated price of approximately £60,572.
28 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.6 | 148.0 | 0.955 % | £60,000 | £572 | £60,572 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | -3.767 % | £-2,260 | £57,739 |
3 Month Average | -25.907 % | £-15,543 | £44,456 |
6 Month Average | -8.020 % | £-4,811 | £55,188 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £57,080 | £56,000 | 5 HALF MOON LANE |
23 Nov 2023 | £74,961 | £73,999 | 1 PEARSON STREET |
31 Jul 2023 | £75,666 | £74,950 | 3 FENWICK STREET |
28 Jul 2023 | £60,573 | £60,000 | 44 HALF MOON LANE |
15 Feb 2023 | £49,765 | £50,000 | 8 PEARSON STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 13 Oct 2012. Using an estimated price of £60,573 means this house is valued at £688 per sq meter (£63 per sq foot).
The average size of a house on HALF MOON LANE is 90 sq meters (977 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Fenwick Street |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fenwick Street |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fenwick Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fenwick Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fenwick Street |