£113,854
This estimated value is based upon the latest sale price for the house of £104,500 on 11 Nov 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near West Avenue
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Price Paid | Date |
---|---|
£104,500 | 11 Nov 2021 |
£81,500 | 31 Mar 2015 |
£17,000 | 17 Oct 1995 |
Terraced |
Freehold |
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 2021 the House Price Index for DURHAM was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £104,500 results in an estimated price of approximately £113,854.
11 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £104,500 | £9,354 | £113,854 |
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 | -24.685 % | £-25,795 | £78,704 |
3 Month Average | -13.244 % | £-13,839 | £90,660 |
6 Month Average | -13.462 % | £-14,067 | £90,432 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £73,875 | £72,000 | 2 KNARESBOROUGH ROAD |
18 Oct 2023 | £76,743 | £75,000 | 35 WILLIAMS ROAD |
13 Oct 2023 | £253,763 | £248,000 | 24 CHURCH LANE |
21 Aug 2023 | £91,653 | £90,000 | 16 WILLIAMS ROAD |
7 Aug 2023 | £53,973 | £53,000 | 89 CALVERT TERRACE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near West Avenue |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near West Avenue |
Jul 2024 | Burglary | Under investigation | On or near West Avenue |
Jun 2024 | Violence and sexual offences | Under investigation | On or near West Avenue |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near West Avenue |