£48,047
This estimated value is based upon the latest sale price for the house of £41,500 on 23 Jul 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £41,500 | 23 Jul 2021 |
| £63,000 | 26 Nov 2007 |
| £66,000 | 3 Nov 2006 |
| £28,000 | 15 Jul 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 July 2021 the House Price Index for DURHAM was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £41,500 results in an estimated price of approximately £48,047.
| 23 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £41,500 | £6,547 | £48,047 |
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 | 4.837 % | £2,007 | £43,507 |
| 3 Month Average | -18.750 % | £-7,781 | £33,718 |
| 6 Month Average | -16.991 % | £-7,051 | £34,448 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £191,614 | £189,950 | 13 ALBERT STREET |
| 12 Dec 2023 | £196,023 | £190,000 | 44 LINTHORPE AVENUE |
| 1 Sep 2023 | £148,268 | £145,000 | 23 LINTHORPE AVENUE |
| 29 Aug 2023 | £144,608 | £142,000 | 28 LINTHORPE AVENUE |
| 5 Apr 2023 | £86,620 | £85,000 | 19 ROPERY WALK |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 12 Mar 2020. Using an estimated price of £48,048 means this house is valued at £942 per sq meter (£87 per sq foot).
The average size of a house on ROPERY WALK is 93 sq meters (1,006 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ropery Walk |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Ropery Walk |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Linthorpe Avenue |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lord Street |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Lord Street |