£128,227
This estimated value is based upon the latest sale price for the house of £75,000 on 18 Aug 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £75,000 | 18 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 August 2006 the House Price Index for DURHAM was 86.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 70.970%.Applying this 70.970% change to the original purchase price of £75,000 results in an estimated price of approximately £128,227.
| 18 Aug 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.0 | 70.970 % | £75,000 | £53,227 | £128,227 |
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 | -4.970 % | £-3,727 | £71,272 |
| 3 Month Average | -2.735 % | £-2,051 | £72,948 |
| 6 Month Average | 0.022 % | £16 | £75,016 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £105,642 | £105,000 | 23 ELLESMERE DRIVE |
| 7 Apr 2022 | £73,846 | £72,000 | 225 THE AVENUE |
| 5 Jan 2022 | £93,286 | £89,000 | 240 THE AVENUE |
| 5 Nov 2021 | £64,629 | £60,000 | 7 HOLYHEAD CLOSE |
| 22 Oct 2021 | £71,631 | £65,000 | 34 ESSEX CRESCENT |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 24 Sep 2013. Using an estimated price of £128,228 means this house is valued at £1,526 per sq meter (£141 per sq foot).
The average size of a house on ESSEX CRESCENT is 74 sq meters (797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Essex Crescent |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Essex Crescent |
| Feb 2024 | Anti-social behaviour | On or near Eastdene Road | |
| Feb 2024 | Anti-social behaviour | On or near Eastdene Road | |
| Feb 2024 | Anti-social behaviour | On or near Eastdene Road |