£134,047
This estimated value is based upon the latest sale price for the house of £86,000 on 25 Jan 2008. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £86,000 | 25 Jan 2008 |
| £68,000 | 21 Jan 2005 |
| Semi-Detached |
| 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 January 2008 the House Price Index for DURHAM was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £86,000 results in an estimated price of approximately £134,047.
| 25 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.6 | 55.870 % | £86,000 | £48,047 | £134,047 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | 0.423 % | £363 | £86,363 |
| 3 Month Average | -23.386 % | £-20,111 | £65,888 |
| 6 Month Average | -9.672 % | £-8,317 | £77,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £64,962 | £64,000 | 5 HAWTHORNE ROAD |
| 10 Nov 2023 | £69,276 | £68,250 | 77 DEAN ROAD |
| 21 Jul 2023 | £81,091 | £80,000 | 68 DEAN ROAD |
| 27 Apr 2023 | £116,251 | £114,999 | 19 HAWTHORNE ROAD |
| 24 Nov 2022 | £98,803 | £100,000 | 24 BEECH CRESCENT |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 14 Jul 2020. Using an estimated price of £134,048 means this house is valued at £1,675 per sq meter (£155 per sq foot).
The average size of a house on BEECH CRESCENT is 81 sq meters (874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Beech Grove |
| Feb 2024 | Anti-social behaviour | On or near Elm Road | |
| Feb 2024 | Anti-social behaviour | On or near Elm Road | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elm Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Elm Road |