£40,766
This estimated value is based upon the latest sale price for the house of £39,950 on 19 Jun 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£39,950 | 19 Jun 2023 |
£24,000 | 7 Feb 2018 |
£24,000 | 7 Feb 2018 |
£58,000 | 18 Aug 2005 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 June 2023 the House Price Index for DURHAM was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £39,950 results in an estimated price of approximately £40,766.
19 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £39,950 | £816 | £40,766 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | -12.397 % | £-4,952 | £34,997 |
3 Month Average | -6.514 % | £-2,602 | £37,347 |
6 Month Average | -13.054 % | £-5,215 | £34,734 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £26,914 | £26,500 | 94 MAIN STREET |
12 Mar 2024 | £28,437 | £28,000 | 24 FREVILLE STREET |
11 Mar 2024 | £34,531 | £34,000 | 17 GEORGE STREET |
21 Dec 2023 | £660,289 | £640,000 | THE GREY HORSE, 2 BYERLEY ROAD |
29 Nov 2023 | £63,615 | £62,000 | 4 FREVILLE STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 4 Oct 2017. Using an estimated price of £40,767 means this house is valued at £558 per sq meter (£51 per sq foot).
The average size of a house on GEORGE STREET is 69 sq meters (744 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near B6282 |
Jul 2024 | Violence and sexual offences | Local resolution | On or near George Street |
Jul 2024 | Violence and sexual offences | Local resolution | On or near George Street |
Apr 2024 | Criminal damage and arson | Under investigation | On or near George Street |
Jul 2024 | Other crime | Further investigation is not in the public interest | On or near Salisbury Terrace |