£69,194
This estimated value is based upon the latest sale price for the house of £40,000 on 14 Feb 2011. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£40,000 | 14 Feb 2011 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 570 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 February 2011 the House Price Index for COUNTY DURHAM was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.985%.Applying this 72.985% change to the original purchase price of £40,000 results in an estimated price of approximately £69,194.
14 Feb 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 149.7 | 72.985 % | £40,000 | £29,194 | £69,194 |
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 | -31.944 % | £-12,777 | £27,222 |
3 Month Average | -13.736 % | £-5,494 | £34,505 |
6 Month Average | 0.751 % | £300 | £40,300 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £149,294 | £147,000 | 17 GRANTHAM AVENUE |
3 Aug 2023 | £90,635 | £89,000 | 4 IVY AVENUE |
17 Mar 2023 | £89,495 | £88,000 | 3 FRANK AVENUE |
11 Nov 2022 | £122,428 | £123,000 | 2 EXETER AVENUE |
2 Aug 2022 | £80,376 | £80,000 | 43 GRANTHAM AVENUE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 30 Jul 2020. Using an estimated price of £69,194 means this house is valued at £1,305 per sq meter (£121 per sq foot).
The average size of a house on FRANK AVENUE is 64 sq meters (698 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Unable to prosecute suspect | On or near Laurel Avenue |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Laurel Avenue |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laurel Avenue |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Laurel Avenue |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Laurel Avenue |