£38,691
This estimated value is based upon the latest sale price for the house of £31,000 on 6 Mar 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £31,000 | 6 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 March 2018 the House Price Index for COUNTY DURHAM was 118.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.811%.Applying this 24.811% change to the original purchase price of £31,000 results in an estimated price of approximately £38,691.
| 6 Mar 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.0 | 24.811 % | £31,000 | £7,691 | £38,691 |
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 | 17.114 % | £5,305 | £36,305 |
| 3 Month Average | 22.313 % | £6,917 | £37,917 |
| 6 Month Average | 18.052 % | £5,595 | £36,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £30,102 | £30,000 | 49 FOX STREET |
| 11 Aug 2023 | £32,196 | £32,000 | 23 STRANGWAYS STREET |
| 24 Apr 2023 | £45,337 | £45,000 | 42 STAVORDALE STREET |
| 7 Mar 2023 | £40,216 | £39,999 | 32 ILCHESTER STREET |
| 24 Jan 2023 | £43,220 | £43,600 | 26 STRANGWAYS STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 8 Jan 2018. Using an estimated price of £38,691 means this house is valued at £416 per sq meter (£38 per sq foot).
The average size of a house on STRANGWAYS STREET is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Fox Street | |
| Mar 2024 | Anti-social behaviour | On or near Fox Street | |
| Jan 2024 | Anti-social behaviour | On or near Fox Street | |
| Jan 2024 | Anti-social behaviour | On or near Fox Street | |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Fox Street |