£100,987
This estimated value is based upon the latest sale price for the house of £80,000 on 22 Sep 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £80,000 | 22 Sep 2017 |
| £85,000 | 15 May 2009 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 September 2017 the House Price Index for COUNTY DURHAM was 117.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.235%.Applying this 26.235% change to the original purchase price of £80,000 results in an estimated price of approximately £100,987.
| 22 Sep 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.0 | 26.235 % | £80,000 | £20,987 | £100,987 |
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 | 19.846 % | £15,877 | £95,877 |
| 3 Month Average | 11.538 % | £9,230 | £89,230 |
| 6 Month Average | 20.408 % | £16,326 | £96,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £80,764 | £80,000 | 36 BETHUNE AVENUE |
| 17 Jul 2023 | £287,722 | £285,000 | 12 STATION ROAD |
| 20 Apr 2023 | £63,472 | £63,000 | 60 STATION ROAD |
| 27 Feb 2023 | £64,694 | £65,000 | 13 COLLING AVENUE |
| 15 Jul 2022 | £74,899 | £75,000 | 14 THE AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 14 Sep 2013. Using an estimated price of £100,988 means this house is valued at £1,402 per sq meter (£130 per sq foot).
The average size of a house on THE AVENUE is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Police Station |
| Apr 2024 | Other crime | Under investigation | On or near Police Station |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Police Station |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Police Station |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Police Station |