£152,402
This estimated value is based upon the latest sale price for the house of £112,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £112,000 | 31 Mar 2016 |
| £72,000 | 15 Oct 2013 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 March 2016 the House Price Index for COUNTY DURHAM was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £112,000 results in an estimated price of approximately £152,402.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £112,000 | £40,402 | £152,402 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | 13.012 % | £14,573 | £126,573 |
| 3 Month Average | 10.304 % | £11,540 | £123,540 |
| 6 Month Average | 3.034 % | £3,397 | £115,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £32,721 | £32,000 | 14 LOWTHER AVENUE |
| 21 Apr 2023 | £66,239 | £65,000 | 22 HAMBLEDON AVENUE |
| 15 Mar 2023 | £94,579 | £93,000 | 52 WALDRIDGE ROAD |
| 10 Mar 2023 | £122,038 | £120,000 | 52 LOWTHER AVENUE |
| 2 Sep 2022 | £209,860 | £210,000 | 3 STRANGFORD AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 2 Mar 2015. Using an estimated price of £152,402 means this house is valued at £1,693 per sq meter (£157 per sq foot).
The average size of a house on MALVERN AVENUE is 99 sq meters (1,073 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rannoch Avenue |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rannoch Avenue |
| Aug 2024 | Anti-social behaviour | On or near Rannoch Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Rannoch Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Rannoch Avenue |