£172,617
This estimated value is based upon the latest sale price for the house of £99,950 on 6 May 2011. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £99,950 | 6 May 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 May 2011 the House Price Index for COUNTY DURHAM was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £99,950 results in an estimated price of approximately £172,617.
| 6 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.704 % | £99,950 | £72,667 | £172,617 |
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 | 17.652 % | £17,642 | £117,592 |
| 3 Month Average | -5.699 % | £-5,696 | £94,253 |
| 6 Month Average | 1.643 % | £1,642 | £101,592 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2023 | £101,226 | £100,000 | 29 GRANTS CRESCENT |
| 10 Mar 2023 | £83,789 | £83,000 | 16 POLEMARCH STREET |
| 7 Mar 2023 | £78,237 | £77,500 | 17 POLEMARCH STREET |
| 21 Nov 2022 | £39,521 | £40,000 | 86 PRINCESS ROAD |
| 28 Sep 2022 | £94,239 | £95,000 | 102 PRINCESS ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 16 Jun 2010. Using an estimated price of £172,617 means this house is valued at £1,854 per sq meter (£172 per sq foot).
The average size of a house on PRINCESS ROAD is 113 sq meters (1,222 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Street |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Park Street |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Park Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Street |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Park Street |