£55,565
This estimated value is based upon the latest sale price for the house of £32,000 on 13 Dec 2011. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £32,000 | 13 Dec 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 December 2011 the House Price Index for COUNTY DURHAM was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £32,000 results in an estimated price of approximately £55,565.
| 13 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £32,000 | £23,565 | £55,565 |
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 | -8.085 % | £-2,587 | £29,412 |
| 3 Month Average | 2.193 % | £701 | £32,701 |
| 6 Month Average | -18.149 % | £-5,807 | £26,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jul 2024 | £35,000 | £35,000 | THE SALVATION ARMY CRAWLAW ROAD |
| 5 Apr 2024 | £38,333 | £38,000 | 12 SCHOOL STREET |
| 22 Mar 2024 | £50,780 | £50,000 | 39A SEASIDE LANE |
| 20 Dec 2023 | £56,744 | £55,000 | 4 SCHOOL STREET |
| 13 Dec 2023 | £56,744 | £55,000 | 11 SCHOOL STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 19 Mar 2020. Using an estimated price of £55,565 means this house is valued at £712 per sq meter (£66 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welfare Close |
| Oct 2024 | Anti-social behaviour | On or near Welfare Close | |
| Sep 2024 | Other crime | Investigation complete; no suspect identified | On or near Welfare Close |
| Aug 2024 | Shoplifting | Awaiting court outcome | On or near Welfare Close |
| Oct 2024 | Violence and sexual offences | Local resolution | On or near Supermarket |