£112,103
This estimated value is based upon the latest sale price for the house of £34,750 on 30 Nov 2001. 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 Edward Avenue
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| Price Paid | Date |
|---|---|
| £34,750 | 30 Nov 2001 |
| 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 2001 the House Price Index for DURHAM was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £34,750 results in an estimated price of approximately £112,103.
| 30 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £34,750 | £77,353 | £112,103 |
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 | 103.598 % | £36,000 | £70,750 |
| 3 Month Average | 99.303 % | £34,507 | £69,257 |
| 6 Month Average | 70.237 % | £24,407 | £59,157 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £90,788 | £90,000 | 17 EDWARD AVENUE |
| 12 Apr 2024 | £70,613 | £70,000 | 23 EDWARD AVENUE |
| 11 Apr 2024 | £83,727 | £83,000 | 13 EDWARD AVENUE |
| 8 Dec 2023 | £89,758 | £87,000 | 48 ROSEBY ROAD |
| 13 Oct 2023 | £102,273 | £99,950 | 22 EDWARD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Edward Avenue | |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Edward Avenue |
| Aug 2024 | Anti-social behaviour | On or near Edward Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Edward Avenue | |
| Aug 2024 | Drugs | Formal action is not in the public interest | On or near Edward Avenue |