£316,047
This estimated value is based upon the latest sale price for the house of £275,000 on 7 Jul 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£275,000 | 7 Jul 2021 |
£275,000 | 11 Feb 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 88 sq meters or 947 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 July 2021 the House Price Index for COUNTY DURHAM was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £275,000 results in an estimated price of approximately £316,047.
7 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 148.6 | 14.927 % | £275,000 | £41,047 | £316,047 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | -4.550 % | £-12,513 | £262,486 |
3 Month Average | -6.742 % | £-18,540 | £256,459 |
6 Month Average | 1.014 % | £2,788 | £277,788 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £251,219 | £247,500 | APARTMENT 2 FINLAY HOUSE ST HELENS WELL |
30 Nov 2023 | £380,635 | £375,000 | APARTMENT 7 SYLVAN HOUSE ST HELENS WELL |
16 Aug 2023 | £237,074 | £235,000 | APARTMENT 17 SYLVAN HOUSE ST HELENS WELL |
1 Jul 2022 | £581,565 | £580,000 | 7 DUNELM COURT |
14 Jun 2022 | £304,300 | £300,000 | 16 DUNELM COURT |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 24 Mar 2021. Using an estimated price of £316,048 means this house is valued at £3,591 per sq meter (£333 per sq foot).
The average size of a house on SOUTH STREET is 272 sq meters (2,928 sq feet).
This house is the smallest in the street with a floor area of 88 sq meters (947 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near South Street |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near South Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Grape Lane |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grape Lane |
Apr 2024 | Anti-social behaviour | On or near Crossgate |