£69,106
This estimated value is based upon the latest sale price for the house of £47,000 on 19 May 2015. 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 |
|---|---|
| £47,000 | 19 May 2015 |
| £87,500 | 31 May 2006 |
| £34,950 | 10 Sep 1999 |
| £10,000 | 18 Sep 1998 |
| Semi-Detached |
| 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 May 2015 the House Price Index for DURHAM was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £47,000 results in an estimated price of approximately £69,106.
| 19 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £47,000 | £22,106 | £69,106 |
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 | 7.601 % | £3,572 | £50,572 |
| 3 Month Average | 6.606 % | £3,104 | £50,104 |
| 6 Month Average | -12.358 % | £-5,808 | £41,191 |
| 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 |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 2 Jun 2017. Using an estimated price of £69,106 means this house is valued at £863 per sq meter (£80 per sq foot).
The average size of a house on ROSEDALE TERRACE is 77 sq meters (832 sq feet).
| 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 |