£40,674
This estimated value is based upon the latest sale price for the house of £33,000 on 11 Feb 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£33,000 | 11 Feb 2020 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 February 2020 the House Price Index for COUNTY DURHAM was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £33,000 results in an estimated price of approximately £40,674.
11 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.255 % | £33,000 | £7,674 | £40,674 |
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 | 6.458 % | £2,131 | £35,131 |
3 Month Average | -0.115 % | £-37 | £32,962 |
6 Month Average | 4.847 % | £1,599 | £34,599 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £85,745 | £85,000 | 88 OAK ROAD |
13 Dec 2023 | £34,046 | £33,000 | 12 MONCRIEFF TERRACE |
2 Nov 2023 | £119,020 | £115,999 | 13 GLEBE AVENUE |
13 Oct 2023 | £76,743 | £75,000 | 18 WEST CRESCENT |
2 Jun 2023 | £85,718 | £84,000 | 120 OAK ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 8 Mar 2019. Using an estimated price of £40,674 means this house is valued at £581 per sq meter (£53 per sq foot).
The average size of a house on GLEBE AVENUE is 77 sq meters (836 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Manisty Terrace | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manisty Terrace |
Jun 2024 | Anti-social behaviour | On or near Manisty Terrace | |
Jun 2024 | Anti-social behaviour | On or near Manisty Terrace | |
Jun 2024 | Anti-social behaviour | On or near Manisty Terrace |