£140,240
This estimated value is based upon the latest sale price for the house of £61,000 on 26 Sep 2003. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £61,000 | 26 Sep 2003 |
| £24,000 | 7 Dec 2001 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 September 2003 the House Price Index for DURHAM was 65.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 129.902%.Applying this 129.902% change to the original purchase price of £61,000 results in an estimated price of approximately £140,240.
| 26 Sep 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 149.7 | 129.902 % | £61,000 | £79,240 | £140,240 |
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 | 20.999 % | £12,809 | £73,809 |
| 3 Month Average | 35.002 % | £21,351 | £82,351 |
| 6 Month Average | 53.044 % | £32,357 | £93,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £84,295 | £83,000 | 10 BURNSIDE AVENUE |
| 6 Nov 2023 | £55,919 | £54,500 | 29 BURNSIDE AVENUE |
| 22 Sep 2023 | £56,240 | £55,000 | 5 CRESSWELL AVENUE |
| 6 Sep 2023 | £53,683 | £52,500 | 17 ROSETOWN AVENUE |
| 15 Jun 2023 | £117,351 | £114,999 | 57 HAWTHORN CRESCENT |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 6 Oct 2014. Using an estimated price of £140,240 means this house is valued at £1,753 per sq meter (£162 per sq foot).
There is one other house on the street which we know the size of, this is 7 CRESSWELL AVENUE it is 56.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Hawthorne Crescent | |
| Jul 2024 | Robbery | Under investigation | On or near Hawthorne Crescent |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hawthorne Crescent |
| May 2024 | Anti-social behaviour | On or near Hawthorne Crescent | |
| May 2024 | Anti-social behaviour | On or near Hawthorne Crescent |