£59,013
This estimated value is based upon the latest sale price for the house of £45,000 on 12 Sep 2016. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Castle Street
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| Price Paid | Date |
|---|---|
| £45,000 | 12 Sep 2016 |
| £20,000 | 24 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 September 2016 the House Price Index for DURHAM was 111.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.141%.Applying this 31.141% change to the original purchase price of £45,000 results in an estimated price of approximately £59,013.
| 12 Sep 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 146.7 | 31.141 % | £45,000 | £14,013 | £59,013 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | 9.562 % | £4,302 | £49,302 |
| 3 Month Average | 4.643 % | £2,089 | £47,089 |
| 6 Month Average | 18.919 % | £8,513 | £53,513 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 18 Apr 2011.
The average size of a house on STATION ROAD is 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Castle Street |
| Mar 2024 | Anti-social behaviour | On or near Barwick Street | |
| Mar 2024 | Anti-social behaviour | On or near Barwick Street | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barwick Street |
| Feb 2024 | Anti-social behaviour | On or near Barwick Street |