£56,328
This estimated value is based upon the latest sale price for the house of £52,500 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£52,500 | 25 Jun 2021 |
£60,000 | 18 Sep 2009 |
£34,000 | 26 Jan 2001 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 611 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 June 2021 the House Price Index for COUNTY DURHAM was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £52,500 results in an estimated price of approximately £56,328.
25 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £52,500 | £3,828 | £56,328 |
The Postcode Pricing Model uses changes in average sales price within the DL15 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 | -22.745 % | £-11,941 | £40,558 |
3 Month Average | -17.272 % | £-9,067 | £43,432 |
6 Month Average | -23.329 % | £-12,247 | £40,252 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £53,723 | £53,000 | 42 ARTHUR STREET |
30 Jun 2023 | £45,552 | £45,000 | 1 GREY STREET |
30 Jun 2023 | £75,920 | £75,000 | 48 GREY STREET |
11 Apr 2023 | £164,774 | £163,000 | 15 NORTH TERRACE |
3 Feb 2023 | £46,968 | £47,000 | 23 ARTHUR STREET |
This house has a floor area of 56 sq meters or 611 sq feet when measured on 3 Nov 2011. Using an estimated price of £56,329 means this house is valued at £992 per sq meter (£92 per sq foot).
The average size of a house on ARTHUR STREET is 77 sq meters (838 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (611 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Arthur Street |
Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Arthur Street |
Dec 2023 | Anti-social behaviour | On or near Arthur Street | |
Dec 2023 | Anti-social behaviour | On or near Arthur Street | |
Dec 2023 | Anti-social behaviour | On or near Arthur Street |