£85,229
This estimated value is based upon the latest sale price for the house of £49,500 on 26 Mar 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £49,500 | 26 Mar 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 March 2012 the House Price Index for COUNTY DURHAM was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £49,500 results in an estimated price of approximately £85,229.
| 26 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £49,500 | £35,729 | £85,229 |
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 | 13.228 % | £6,547 | £56,047 |
| 3 Month Average | 9.630 % | £4,766 | £54,266 |
| 6 Month Average | -10.306 % | £-5,101 | £44,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £86,975 | £85,000 | 39 BUCKINGHAM ROAD |
| 15 Sep 2023 | £107,367 | £105,000 | 2 YORK ROAD |
| 18 Aug 2023 | £61,102 | £60,000 | 100 ACRE RIGG ROAD |
| 2 Jun 2023 | £91,840 | £90,000 | 25 BARSLOAN GROVE |
| 4 Apr 2023 | £100,887 | £99,000 | 38 BUCKINGHAM ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 27 Oct 2014. Using an estimated price of £85,230 means this house is valued at £1,495 per sq meter (£138 per sq foot).
The average size of a house on ACRE RIGG ROAD is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Buckingham Road |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near York Road |
| Sep 2024 | Anti-social behaviour | On or near Barsloan Grove | |
| Sep 2024 | Anti-social behaviour | On or near Barsloan Grove |