£61,415
This estimated value is based upon the latest sale price for the house of £48,000 on 30 Aug 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £48,000 | 30 Aug 2017 |
| Semi-Detached |
| Freehold |
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 August 2017 the House Price Index for COUNTY DURHAM was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £48,000 results in an estimated price of approximately £61,415.
| 30 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £48,000 | £13,415 | £61,415 |
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 | 5.654 % | £2,714 | £50,714 |
| 3 Month Average | 2.118 % | £1,016 | £49,016 |
| 6 Month Average | 12.642 % | £6,067 | £54,067 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £21,034 | £20,500 | 102 SEVENTH STREET |
| 2 Aug 2023 | £25,714 | £25,250 | 123 SEVENTH STREET |
| 2 Aug 2023 | £33,606 | £33,000 | 80 SIXTH STREET |
| 12 Apr 2023 | £34,393 | £33,750 | 100 SEVENTH STREET |
| 12 Apr 2023 | £26,750 | £26,250 | 80 FIFTH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Beech Terrace |
| Jul 2024 | Other theft | Under investigation | On or near Beech Terrace |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Beech Terrace |
| Jul 2024 | Public order | Local resolution | On or near Beech Terrace |
| Jun 2024 | Anti-social behaviour | On or near Beech Terrace |