£111,994
This estimated value is based upon the latest sale price for the house of £71,500 on 15 Jun 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £71,500 | 15 Jun 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 June 2007 the House Price Index for DURHAM was 93.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.636%.Applying this 56.636% change to the original purchase price of £71,500 results in an estimated price of approximately £111,994.
| 15 Jun 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 146.7 | 56.636 % | £71,500 | £40,494 | £111,994 |
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 | -34.716 % | £-24,821 | £46,678 |
| 3 Month Average | -26.335 % | £-18,829 | £52,670 |
| 6 Month Average | -18.768 % | £-13,419 | £58,080 |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 27 Oct 2014.
The average size of a house on ACRE RIGG ROAD is 85 sq meters (922 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (505 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Buckingham Road | |
| Feb 2024 | Anti-social behaviour | On or near Buckingham Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Buckingham Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckingham Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Buckingham Road |