£64,527
This estimated value is based upon the latest sale price for the house of £53,500 on 24 Jun 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £53,500 | 24 Jun 2020 |
| £32,500 | 8 Aug 2016 |
| £23,069 | 29 Apr 2003 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 June 2020 the House Price Index for DURHAM was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £53,500 results in an estimated price of approximately £64,527.
| 24 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £53,500 | £11,027 | £64,527 |
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 | -74.423 % | £-39,816 | £13,683 |
| 3 Month Average | 25.251 % | £13,509 | £67,009 |
| 6 Month Average | 18.442 % | £9,866 | £63,366 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £67,227 | £67,000 | 10 SPRINGFIELD TERRACE |
| 30 Nov 2023 | £41,533 | £41,000 | 9 ANGUS TERRACE |
| 14 Jul 2023 | £84,297 | £83,500 | 1 GAYFIELD TERRACE |
| 28 Apr 2023 | £55,412 | £55,000 | 36 INCHCAPE TERRACE |
| 19 Aug 2022 | £64,564 | £65,000 | 5 SPRINGFIELD TERRACE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 3 Dec 2019. Using an estimated price of £64,528 means this house is valued at £777 per sq meter (£72 per sq foot).
The average size of a house on INCHCAPE TERRACE is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Sunderland Road |
| Mar 2024 | Public order | Under investigation | On or near Sunderland Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sunderland Road |
| Apr 2024 | Anti-social behaviour | On or near Maritime Crescent | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maritime Crescent |