£73,352
This estimated value is based upon the latest sale price for the house of £53,000 on 9 Dec 2015. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £53,000 | 9 Dec 2015 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2015 the House Price Index for COUNTY DURHAM was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £53,000 results in an estimated price of approximately £73,352.
| 9 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £53,000 | £20,352 | £73,352 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 29.543 % | £15,657 | £68,657 |
| 3 Month Average | 30.353 % | £16,086 | £69,086 |
| 6 Month Average | 12.684 % | £6,722 | £59,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £81,036 | £80,000 | 21 MAPLEWOOD STREET |
| 27 Jul 2023 | £48,148 | £47,500 | 28 GILL CRESCENT NORTH |
| 14 Nov 2022 | £66,198 | £67,000 | 1 MAPLEWOOD STREET |
| 19 May 2022 | £64,210 | £63,000 | 17 GILL CRESCENT NORTH |
| 27 Apr 2022 | £69,511 | £67,500 | 25 GILL CRESCENT SOUTH |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 16 Aug 2012. Using an estimated price of £73,353 means this house is valued at £905 per sq meter (£84 per sq foot).
The average size of a house on MAPLEWOOD STREET is 89 sq meters (961 sq feet).