£175,144
This estimated value is based upon the latest sale price for the house of £120,000 on 22 May 2015. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £120,000 | 22 May 2015 |
| £123,000 | 21 Jul 2006 |
| £55,500 | 19 Jul 2002 |
| £42,000 | 14 Mar 2001 |
| £42,500 | 30 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 May 2015 the House Price Index for DURHAM was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £120,000 results in an estimated price of approximately £175,144.
| 22 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £120,000 | £55,144 | £175,144 |
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 | 2.455 % | £2,946 | £122,946 |
| 3 Month Average | -11.854 % | £-14,224 | £105,775 |
| 6 Month Average | 7.840 % | £9,407 | £129,407 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £91,603 | £90,000 | M & K SERVICES GEORGE STREET INDUSTRIAL ESTATE |
| 29 Sep 2023 | £268,432 | £265,000 | 3 VICTORIA STREET |
| 30 Jun 2023 | £146,778 | £145,000 | 4 VICTORIA STREET |
| 31 Mar 2023 | £155,465 | £154,000 | 17 VICTORIA STREET |
| 22 Feb 2023 | £187,374 | £187,500 | 6 QUEEN STREET |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 29 Apr 2013. Using an estimated price of £175,145 means this house is valued at £1,287 per sq meter (£119 per sq foot).
The average size of a house on PRINCESS ROAD is 113 sq meters (1,222 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Queen Street |
| Jan 2024 | Other crime | Under investigation | On or near Maureen Terrace |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Princess Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Princess Road |
| Jan 2024 | Anti-social behaviour | On or near Princess Road |