£72,018
This estimated value is based upon the latest sale price for the house of £44,000 on 15 Nov 2013. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£44,000 | 15 Nov 2013 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 November 2013 the House Price Index for COUNTY DURHAM was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £44,000 results in an estimated price of approximately £72,018.
15 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.5 | 149.7 | 63.678 % | £44,000 | £28,018 | £72,018 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -25.496 % | £-11,218 | £32,781 |
3 Month Average | -11.427 % | £-5,027 | £38,972 |
6 Month Average | -4.219 % | £-1,856 | £42,143 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £33,289 | £33,000 | 127 YODEN ROAD |
20 Dec 2023 | £103,698 | £100,512 | 52 FAIRBAIRN ROAD |
13 Oct 2023 | £67,841 | £66,300 | 70 FAIRBAIRN ROAD |
11 Oct 2023 | £80,836 | £79,000 | 137 YODEN ROAD |
6 Oct 2023 | £109,998 | £107,500 | 72 FAIRBAIRN ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 2 Jul 2013. Using an estimated price of £72,018 means this house is valued at £837 per sq meter (£77 per sq foot).
The average size of a house on BAILEY RISE is 96 sq meters (1,043 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Formal action is not in the public interest | On or near Burt Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burt Close |
Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Burt Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Fynes Close |
May 2024 | Anti-social behaviour | On or near Fynes Close |