£36,297
This estimated value is based upon the latest sale price for the house of £28,000 on 12 May 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £28,000 | 12 May 2017 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 May 2017 the House Price Index for COUNTY DURHAM was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £28,000 results in an estimated price of approximately £36,297.
| 12 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £28,000 | £8,297 | £36,297 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | 24.546 % | £6,872 | £34,872 |
| 3 Month Average | 49.590 % | £13,885 | £41,885 |
| 6 Month Average | 29.825 % | £8,350 | £36,350 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £49,765 | £49,000 | 13 SCHOOL TERRACE |
| 1 Mar 2024 | £50,780 | £50,000 | 19 ROSE AVENUE |
| 24 Oct 2023 | £40,930 | £40,000 | 19 FERN AVENUE |
| 20 Oct 2023 | £36,837 | £36,000 | 14 ROSE AVENUE |
| 16 Oct 2023 | £71,627 | £70,000 | 26 FERN AVENUE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 15 Sep 2016. Using an estimated price of £36,297 means this house is valued at £558 per sq meter (£51 per sq foot).
The average size of a house on FERN AVENUE is 73 sq meters (789 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gladstone Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gladstone Street |
| Jul 2024 | Anti-social behaviour | On or near Gladstone Street | |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Gladstone Street |
| Jul 2024 | Anti-social behaviour | On or near Gladstone Street |