£72,152
This estimated value is based upon the latest sale price for the house of £58,500 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £58,500 | 12 Jul 2019 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 July 2019 the House Price Index for COUNTY DURHAM was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £58,500 results in an estimated price of approximately £72,152.
| 12 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £58,500 | £13,652 | £72,152 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 1.195 % | £698 | £59,198 |
| 3 Month Average | -19.184 % | £-11,222 | £47,277 |
| 6 Month Average | -7.421 % | £-4,341 | £54,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £76,336 | £75,000 | 37 HEATHWAY |
| 25 Sep 2023 | £80,023 | £79,000 | 63 FERN CRESCENT |
| 8 Aug 2023 | £60,328 | £59,800 | 61 FERN CRESCENT |
| 2 Aug 2023 | £89,785 | £89,000 | 94 HEATHWAY |
| 31 Jul 2023 | £71,969 | £71,000 | 103 HEATHWAY |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 11 Feb 2014. Using an estimated price of £72,152 means this house is valued at £1,045 per sq meter (£97 per sq foot).
The average size of a house on MAPLE CRESCENT is 80 sq meters (868 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Maple Crescent | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Maple Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maple Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Maple Crescent |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Maple Crescent |