£222,422
This estimated value is based upon the latest sale price for the house of £142,000 on 29 Jun 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £142,000 | 29 Jun 2007 |
| £68,000 | 28 Mar 2002 |
| £45,500 | 28 Jul 1999 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 £142,000 results in an estimated price of approximately £222,422.
| 29 Jun 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 146.7 | 56.636 % | £142,000 | £80,422 | £222,422 |
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 % | £-49,296 | £92,703 |
| 3 Month Average | -26.335 % | £-37,395 | £104,604 |
| 6 Month Average | -18.768 % | £-26,650 | £115,349 |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 2 Apr 2014.
The average size of a house on ELM TERRACE is 103 sq meters (1,112 sq feet).
This house is the largest in the street with a floor area of 107 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Beech Terrace | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Terrace |
| Feb 2024 | Anti-social behaviour | On or near Beech Terrace | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Terrace |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hawthorne Crescent |