£21,790
This estimated value is based upon the latest sale price for the house of £20,000 on 1 Nov 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £20,000 | 1 Nov 2021 |
| £43,000 | 18 Jan 2005 |
| £29,500 | 25 Jun 2004 |
| £16,000 | 29 Sep 1997 |
| Terraced |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 November 2021 the House Price Index for DURHAM was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £20,000 results in an estimated price of approximately £21,790.
| 1 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £20,000 | £1,790 | £21,790 |
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 | 14.761 % | £2,952 | £22,952 |
| 3 Month Average | -1.014 % | £-202 | £19,797 |
| 6 Month Average | -14.143 % | £-2,828 | £17,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £30,212 | £29,950 | 4 ELEVENTH STREET |
| 13 Mar 2024 | £37,577 | £37,000 | 49 TWELFTH STREET |
| 13 Mar 2024 | £37,577 | £37,000 | 50 TWELFTH STREET |
| 7 Mar 2024 | £60,936 | £60,000 | 17 TENTH STREET |
| 20 Dec 2023 | £23,729 | £23,000 | 16 TWELFTH STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 16 Mar 2020. Using an estimated price of £21,790 means this house is valued at £290 per sq meter (£26 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 Eleventh Street | |
| Oct 2024 | Anti-social behaviour | On or near Eleventh Street | |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Eleventh Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eleventh Street |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Eleventh Street |