£53,432
This estimated value is based upon the latest sale price for the house of £45,000 on 14 Sep 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £45,000 | 14 Sep 2020 |
| £25,500 | 28 Feb 2000 |
| £17,000 | 25 May 1999 |
| £23,000 | 22 Sep 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 September 2020 the House Price Index for DURHAM was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £45,000 results in an estimated price of approximately £53,432.
| 14 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £45,000 | £8,432 | £53,432 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 4.015 % | £1,806 | £46,806 |
| 3 Month Average | 10.025 % | £4,511 | £49,511 |
| 6 Month Average | 17.802 % | £8,010 | £53,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £193,384 | £190,000 | 8 BARR HILLS |
| 28 Nov 2023 | £76,127 | £75,000 | 178 MEDOMSLEY ROAD |
| 3 Nov 2023 | £61,917 | £61,000 | 4 BEVERLEY GARDENS |
| 25 Jul 2023 | £73,489 | £72,500 | 164 MEDOMSLEY ROAD |
| 3 Apr 2023 | £151,633 | £150,000 | 28 CLEADON STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 24 Feb 2020. Using an estimated price of £53,432 means this house is valued at £763 per sq meter (£70 per sq foot).
The average size of a house on BEVERLEY TERRACE is 79 sq meters (858 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Barr House Avenue |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Avondale Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Avondale Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Avondale Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Avondale Road |