£203,658
This estimated value is based upon the latest sale price for the house of £161,000 on 30 Aug 2017. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £161,000 | 30 Aug 2017 |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 August 2017 the House Price Index for COUNTY DURHAM was 117.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.496%.Applying this 26.496% change to the original purchase price of £161,000 results in an estimated price of approximately £203,658.
| 30 Aug 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.0 | 26.496 % | £161,000 | £42,658 | £203,658 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | -1.301 % | £-2,094 | £158,905 |
| 3 Month Average | 9.358 % | £15,067 | £176,067 |
| 6 Month Average | 39.521 % | £63,628 | £224,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £53,324 | £53,000 | 8 ELDON TERRACE |
| 28 Jul 2023 | £58,554 | £58,000 | 25 MORRISON TERRACE |
| 27 Jul 2023 | £53,506 | £53,000 | 33 MORRISON TERRACE |
| 12 Aug 2022 | £62,577 | £63,000 | 11 MORRISON TERRACE |
| 5 Aug 2022 | £76,483 | £77,000 | 27 MORRISON TERRACE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 9 Jul 2015. Using an estimated price of £203,659 means this house is valued at £1,629 per sq meter (£151 per sq foot).
The average size of a house on MAINSFORTH ROAD is 203 sq meters (2,192 sq feet).
This house is the smallest in the street with a floor area of 125 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near High Street |
| Mar 2024 | Anti-social behaviour | On or near High Street | |
| Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near High Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near High Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near High Street |