£44,630
This estimated value is based upon the latest sale price for the house of £16,000 on 12 Jul 2002. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£16,000 | 12 Jul 2002 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 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 July 2002 the House Price Index for DURHAM was 53.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 178.941%.Applying this 178.941% change to the original purchase price of £16,000 results in an estimated price of approximately £44,630.
12 Jul 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 148.0 | 178.941 % | £16,000 | £28,630 | £44,630 |
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 | 180.183 % | £28,829 | £44,829 |
3 Month Average | 193.225 % | £30,915 | £46,915 |
6 Month Average | 225.481 % | £36,076 | £52,076 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Apr 2023 | £70,524 | £70,000 | 72 LONGNEWTON STREET |
20 Jan 2023 | £64,434 | £65,000 | 49 LONGNEWTON STREET |
17 Nov 2022 | £149,574 | £152,000 | DAWDON MINERS HALL MOUNT STEWART STREET |
17 Nov 2022 | £149,574 | £152,000 | 51B MOUNT STEWART STREET |
19 Jul 2022 | £94,872 | £95,000 | 4 MOUNT STEWART STREET |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 21 Jun 2018. Using an estimated price of £44,631 means this house is valued at £485 per sq meter (£45 per sq foot).
The average size of a house on LONGNEWTON STREET is 96 sq meters (1,040 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wynyard Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen Alexandra Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen Alexandra Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen Alexandra Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Queen Alexandra Road |