£237,284
This estimated value is based upon the latest sale price for the house of £155,000 on 25 Jun 2014. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Shotton Road
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| Price Paid | Date |
|---|---|
| £155,000 | 25 Jun 2014 |
| Detached |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 June 2014 the House Price Index for COUNTY DURHAM was 96.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 53.087%.Applying this 53.087% change to the original purchase price of £155,000 results in an estimated price of approximately £237,284.
| 25 Jun 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.0 | 53.087 % | £155,000 | £82,284 | £237,284 |
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 | -25.766 % | £-39,937 | £115,062 |
| 3 Month Average | -10.317 % | £-15,990 | £139,009 |
| 6 Month Average | 4.219 % | £6,539 | £161,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £70,000 | £70,000 | 23 EDWARD AVENUE |
| 11 Apr 2024 | £83,000 | £83,000 | 13 EDWARD AVENUE |
| 8 Dec 2023 | £88,678 | £87,000 | 48 ROSEBY ROAD |
| 3 Jul 2023 | £100,955 | £100,000 | 67 ROSEDALE TERRACE |
| 16 Jun 2023 | £60,490 | £60,000 | 54 ROSEBY ROAD |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 6 Jun 2014. Using an estimated price of £237,285 means this house is valued at £1,348 per sq meter (£125 per sq foot).
The average size of a house on SHOTTON ROAD is 116 sq meters (1,252 sq feet).
This house is the largest in the street with a floor area of 176 sq meters (1,894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Shotton Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Shotton Road |
| Jan 2024 | Burglary | Under investigation | On or near Shotton Road |
| Mar 2024 | Possession of weapons | Further action is not in the public interest | On or near Ellison Meadow |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ellison Meadow |