£96,324
This estimated value is based upon the latest sale price for the house of £75,000 on 13 Jul 2017. 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 Laurel Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £75,000 | 13 Jul 2017 |
| £81,500 | 16 Jan 2008 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 538 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 July 2017 the House Price Index for DURHAM was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £75,000 results in an estimated price of approximately £96,324.
| 13 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £75,000 | £21,324 | £96,324 |
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 | 5.980 % | £4,485 | £79,485 |
| 3 Month Average | 20.393 % | £15,294 | £90,294 |
| 6 Month Average | 28.001 % | £21,000 | £96,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £149,294 | £147,000 | 17 GRANTHAM AVENUE |
| 5 Dec 2023 | £82,536 | £80,000 | 42 KINGSTON AVENUE |
| 15 Sep 2023 | £81,803 | £80,000 | 32 JASPER AVENUE |
| 3 Aug 2023 | £90,635 | £89,000 | 4 IVY AVENUE |
| 23 Jun 2023 | £112,249 | £110,000 | 34 KINGSTON AVENUE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 17 Mar 2017. Using an estimated price of £96,324 means this house is valued at £1,926 per sq meter (£178 per sq foot).
The average size of a house on HEXHAM AVENUE is 59 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laurel Avenue |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laurel Avenue |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Laurel Avenue |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Laurel Avenue |
| Sep 2024 | Burglary | Unable to prosecute suspect | On or near Laurel Avenue |