£945,889
This estimated value is based upon the latest sale price for the house of £848,584 on 15 Oct 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £848,584 | 15 Oct 2021 |
| £32,000 | 4 Nov 2020 |
| £23,500 | 30 Mar 2017 |
| 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 October 2021 the House Price Index for COUNTY DURHAM was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £848,584 results in an estimated price of approximately £945,889.
| 15 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £848,584 | £97,305 | £945,889 |
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 | 1.902 % | £16,136 | £864,720 |
| 3 Month Average | 2.480 % | £21,043 | £869,627 |
| 6 Month Average | -15.812 % | £-134,174 | £714,409 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £30,212 | £29,950 | 4 ELEVENTH STREET |
| 13 Mar 2024 | £37,577 | £37,000 | 50 TWELFTH STREET |
| 7 Mar 2024 | £60,936 | £60,000 | 17 TENTH STREET |
| 27 Nov 2023 | £33,859 | £33,000 | 17 WARREN STREET |
| 26 Oct 2023 | £73,672 | £71,999 | 5 ELEVENTH STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 5 Aug 2015. Using an estimated price of £945,890 means this house is valued at £13,137 per sq meter (£1,220 per sq foot).
The average size of a house on ELEVENTH STREET is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Warren Street | |
| Oct 2024 | Anti-social behaviour | On or near Warren Street | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Warren Street |
| Oct 2024 | Anti-social behaviour | On or near Warren Street | |
| Oct 2024 | Anti-social behaviour | On or near Warren Street |