£60,907
This estimated value is based upon the latest sale price for the house of £50,000 on 24 Jul 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £50,000 | 24 Jul 2020 |
| £28,000 | 12 Jan 2015 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 July 2020 the House Price Index for COUNTY DURHAM was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £50,000 results in an estimated price of approximately £60,907.
| 24 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £50,000 | £10,907 | £60,907 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | -31.736 % | £-15,867 | £34,132 |
| 3 Month Average | 33.606 % | £16,802 | £66,802 |
| 6 Month Average | 33.379 % | £16,689 | £66,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £46,000 | £46,000 | 4 LUMSDEN TERRACE |
| 5 Oct 2023 | £85,952 | £84,000 | 6 CEDAR COURT |
| 1 Sep 2023 | £58,781 | £57,485 | 10 ELM TERRACE |
| 27 Aug 2023 | £35,643 | £35,000 | 2 BATEY STREET |
| 17 Mar 2023 | £66,104 | £65,000 | 7 CEDAR COURT |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 17 Jan 2017. Using an estimated price of £60,908 means this house is valued at £591 per sq meter (£54 per sq foot).
The average size of a house on TAYLOR STREET is 127 sq meters (1,372 sq feet).
This house is the largest in the street with a floor area of 103 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Swan Street |
| Aug 2024 | Drugs | Unable to prosecute suspect | On or near Swan Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Swan Street |
| Aug 2024 | Drugs | Under investigation | On or near Taylor Street |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hilda Street |