£71,104
This estimated value is based upon the latest sale price for the house of £65,500 on 8 Sep 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £65,500 | 8 Sep 2021 |
| £31,950 | 25 Oct 1999 |
| £31,500 | 31 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2021 the House Price Index for DURHAM was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £65,500 results in an estimated price of approximately £71,104.
| 8 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £65,500 | £5,604 | £71,104 |
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 | -12.724 % | £-8,333 | £57,166 |
| 3 Month Average | 19.758 % | £12,941 | £78,441 |
| 6 Month Average | -10.480 % | £-6,864 | £58,635 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £143,595 | £139,950 | 48 DEWHIRST CLOSE |
| 7 Nov 2023 | £122,099 | £119,000 | 61 DEWHIRST CLOSE |
| 16 Jun 2023 | £86,738 | £85,000 | 36 FIRST STREET |
| 21 Apr 2023 | £72,353 | £71,000 | 31 SECOND STREET |
| 17 Mar 2023 | £45,764 | £45,000 | 26 FIRST STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 28 Jan 2015. Using an estimated price of £71,105 means this house is valued at £826 per sq meter (£76 per sq foot).
The average size of a house on BRADLEY COTTAGES is 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pont Lane |
| Apr 2024 | Public order | Further investigation is not in the public interest | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Forth Street |