£99,267
This estimated value is based upon the latest sale price for the house of £79,000 on 11 May 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £79,000 | 11 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 May 2018 the House Price Index for COUNTY DURHAM was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £79,000 results in an estimated price of approximately £99,267.
| 11 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £79,000 | £20,267 | £99,267 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 3.010 % | £2,377 | £81,377 |
| 3 Month Average | 19.221 % | £15,184 | £94,184 |
| 6 Month Average | 26.505 % | £20,939 | £99,939 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £65,000 | £65,000 | 13 LORD STREET |
| 30 Apr 2024 | £42,973 | £42,600 | 35 ALEXANDRINA STREET |
| 1 Dec 2023 | £63,604 | £61,650 | 42 FREDERICK STREET |
| 15 Nov 2023 | £38,990 | £38,000 | 15 ALEXANDRINA STREET |
| 26 Sep 2023 | £65,443 | £64,000 | 20 ALEXANDRINA STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 1 Aug 2017. Using an estimated price of £99,268 means this house is valued at £1,012 per sq meter (£94 per sq foot).
There is one other house on the street which we know the size of, this is 1A LAURA STREET it is 56.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Lord Street |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lord Street |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Lord Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Lord Street |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lord Street |