£108,480
This estimated value is based upon the latest sale price for the house of £64,950 on 23 Nov 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £64,950 | 23 Nov 2006 |
| £60,000 | 12 Jan 2006 |
| £14,000 | 7 Apr 1997 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 November 2006 the House Price Index for DURHAM was 88.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 67.021%.Applying this 67.021% change to the original purchase price of £64,950 results in an estimated price of approximately £108,480.
| 23 Nov 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.0 | 67.021 % | £64,950 | £43,530 | £108,480 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | -10.736 % | £-6,973 | £57,976 |
| 3 Month Average | -29.020 % | £-18,848 | £46,101 |
| 6 Month Average | -21.663 % | £-14,070 | £50,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £43,559 | £43,000 | 58 ALBERT STREET |
| 29 Jun 2023 | £55,954 | £55,500 | 71 ALBERT STREET |
| 28 Apr 2023 | £55,412 | £55,000 | 28 KING EDWARD STREET |
| 13 May 2022 | £55,830 | £55,000 | 25 KING EDWARD STREET |
| 28 Apr 2022 | £43,077 | £42,000 | 2 KING EDWARD STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 11 Jan 2019. Using an estimated price of £108,480 means this house is valued at £1,356 per sq meter (£125 per sq foot).
The average size of a house on KING EDWARD STREET is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near King Edward Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near King Edward Street |
| Apr 2024 | Anti-social behaviour | On or near Foundry Street | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Foundry Street |
| Mar 2024 | Anti-social behaviour | On or near Foundry Street |