£150,208
This estimated value is based upon the latest sale price for the house of £92,450 on 22 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 |
|---|---|
| £92,450 | 22 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 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £92,450 results in an estimated price of approximately £150,208.
| 22 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £92,450 | £57,758 | £150,208 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 25.789 % | £23,841 | £116,291 |
| 3 Month Average | 35.697 % | £33,002 | £125,452 |
| 6 Month Average | 31.547 % | £29,165 | £121,615 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2023 | £179,415 | £177,000 | 8 MAGDALENE AVENUE |
| 29 Jul 2022 | £94,254 | £94,000 | 64 BROOME ROAD |
| 21 Jul 2022 | £115,310 | £115,000 | 7 CORONATION AVENUE |
| 1 Apr 2022 | £173,006 | £168,000 | 22 MAGDALENE AVENUE |
| 25 Mar 2022 | £121,243 | £117,000 | 14 MAGDALENE AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 26 Feb 2015. Using an estimated price of £150,208 means this house is valued at £1,746 per sq meter (£162 per sq foot).
The average size of a house on BROOME ROAD is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Briar Road |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Briar Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Briar Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High Street |