£44,473
This estimated value is based upon the latest sale price for the house of £36,000 on 1 Mar 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Silverdale Place
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| Price Paid | Date |
|---|---|
| £36,000 | 1 Mar 2019 |
| £55,000 | 7 Apr 2006 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 March 2019 the House Price Index for DURHAM was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £36,000 results in an estimated price of approximately £44,473.
| 1 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £36,000 | £8,473 | £44,473 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 25.574 % | £9,206 | £45,206 |
| 3 Month Average | 6.867 % | £2,471 | £38,471 |
| 6 Month Average | -0.783 % | £-281 | £35,718 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £53,796 | £53,000 | 21 HONISTER PLACE |
| 7 Nov 2023 | £39,586 | £39,000 | 100 SILVERDALE PLACE |
| 15 Sep 2023 | £40,517 | £39,999 | 14 KIRKSTONE PLACE |
| 13 Sep 2023 | £77,997 | £77,000 | 21 BURNHOPE |
| 27 Jul 2023 | £91,227 | £89,999 | 30 HONISTER PLACE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 18 Dec 2018. Using an estimated price of £44,474 means this house is valued at £505 per sq meter (£46 per sq foot).
The average size of a house on SILVERDALE PLACE is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Silverdale Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Silverdale Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Silverdale Place |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Silverdale Place |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Silverdale Place |