£47,269
This estimated value is based upon the latest sale price for the house of £39,999 on 9 Oct 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £39,999 | 9 Oct 2020 |
| £30,000 | 1 Aug 2020 |
| £21,000 | 15 May 2015 |
| £25,000 | 22 Jun 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 52 sq meters or 559 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 October 2020 the House Price Index for DURHAM was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £39,999 results in an estimated price of approximately £47,269.
| 9 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £39,999 | £7,270 | £47,269 |
The Postcode Pricing Model uses changes in average sales price within the TS28 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 | -31.063 % | £-12,424 | £27,574 |
| 3 Month Average | -19.540 % | £-7,815 | £32,183 |
| 6 Month Average | -38.567 % | £-15,426 | £24,572 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £79,004 | £76,999 | 32 NORTH ROAD WEST |
| 4 Oct 2023 | £61,394 | £60,000 | 27 NORTH ROAD EAST |
| 21 Sep 2023 | £81,803 | £80,000 | 12 MOOR LANE |
| 14 Apr 2023 | £86,620 | £85,000 | 61 NORTH ROAD EAST |
| 22 Jul 2022 | £57,072 | £56,500 | 42 NORTH ROAD WEST |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 17 Apr 2015. Using an estimated price of £47,269 means this house is valued at £909 per sq meter (£84 per sq foot).
The average size of a house on NORTH ROAD WEST is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Moor Lane | |
| Sep 2024 | Anti-social behaviour | On or near Moor Lane | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Moor Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moor Lane |
| Aug 2024 | Anti-social behaviour | On or near Moor Lane |