£25,891
This estimated value is based upon the latest sale price for the house of £4,800 on 13 Dec 1996. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£4,800 | 13 Dec 1996 |
Terraced |
Freehold |
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 1996 the House Price Index for COUNTY DURHAM was 27.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 439.417%.Applying this 439.417% change to the original purchase price of £4,800 results in an estimated price of approximately £25,891.
13 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.5 | 148.6 | 439.417 % | £4,800 | £21,091 | £25,891 |
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 | 82.648 % | £3,967 | £8,767 |
3 Month Average | 95.102 % | £4,564 | £9,364 |
6 Month Average | 108.964 % | £5,230 | £10,030 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £23,410 | £23,000 | 16 TWELFTH STREET |
6 Nov 2023 | £50,751 | £50,000 | 45 TWELFTH STREET |
29 Sep 2023 | £40,467 | £39,950 | 10 TWELFTH STREET |
27 Sep 2023 | £34,694 | £34,250 | 25 THIRTEENTH STREET |
25 Sep 2023 | £53,686 | £53,000 | 8 TWELFTH STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Unable to prosecute suspect | On or near Eleventh Street |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Eleventh Street |
Feb 2024 | Other crime | Unable to prosecute suspect | On or near Eleventh Street |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eleventh Street |
Dec 2023 | Anti-social behaviour | On or near Eleventh Street |