£111,415
This estimated value is based upon the latest sale price for the house of £33,600 on 31 Aug 2001. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £33,600 | 31 Aug 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 August 2001 the House Price Index for DURHAM was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £33,600 results in an estimated price of approximately £111,415.
| 31 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £33,600 | £77,815 | £111,415 |
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 | 82.691 % | £27,784 | £61,384 |
| 3 Month Average | 106.283 % | £35,711 | £69,311 |
| 6 Month Average | 172.554 % | £57,978 | £91,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £43,257 | £42,500 | 18 BEDE TERRACE |
| 10 Nov 2023 | £69,276 | £68,250 | 77 DEAN ROAD |
| 2 Nov 2023 | £65,977 | £65,000 | 3 BROOM ROAD |
| 2 Aug 2023 | £59,521 | £59,000 | 1 BEDE TERRACE |
| 21 Jul 2023 | £81,091 | £80,000 | 68 DEAN ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 28 Jul 2021. Using an estimated price of £111,416 means this house is valued at £1,638 per sq meter (£152 per sq foot).
The average size of a house on BEECH GROVE is 87 sq meters (943 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 |