£45,756
This estimated value is based upon the latest sale price for the house of £37,000 on 6 Apr 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £37,000 | 6 Apr 2020 |
| £15,250 | 26 Feb 2016 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 759 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 April 2020 the House Price Index for COUNTY DURHAM was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £37,000 results in an estimated price of approximately £45,756.
| 6 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.667 % | £37,000 | £8,756 | £45,756 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | 43.835 % | £16,218 | £53,218 |
| 3 Month Average | 33.096 % | £12,245 | £49,245 |
| 6 Month Average | 7.874 % | £2,913 | £39,913 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £30,212 | £29,950 | 4 ELEVENTH STREET |
| 13 Mar 2024 | £37,577 | £37,000 | 49 TWELFTH STREET |
| 20 Dec 2023 | £23,729 | £23,000 | 16 TWELFTH STREET |
| 6 Nov 2023 | £51,302 | £50,000 | 45 TWELFTH STREET |
| 26 Oct 2023 | £73,672 | £71,999 | 5 ELEVENTH STREET |
This house has a floor area of 70 sq meters or 759 sq feet when measured on 8 Feb 2011. Using an estimated price of £45,757 means this house is valued at £648 per sq meter (£60 per sq foot).
The average size of a house on ELEVENTH STREET is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Eleventh Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eleventh Street |
| Oct 2024 | Anti-social behaviour | On or near Eleventh Street | |
| Oct 2024 | Anti-social behaviour | On or near Eleventh Street | |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Eleventh Street |