£172,414
This estimated value is based upon the latest sale price for the house of £160,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £160,000 | 24 Sep 2021 |
| £30,000 | 8 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 September 2021 the House Price Index for DURHAM was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £160,000 results in an estimated price of approximately £172,414.
| 24 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £160,000 | £12,414 | £172,414 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -22.313 % | £-35,701 | £124,298 |
| 3 Month Average | -17.579 % | £-28,126 | £131,873 |
| 6 Month Average | -21.281 % | £-34,050 | £125,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £159,892 | £160,000 | 28 NORTHLEA ROAD |
| 5 Jan 2023 | £159,250 | £160,000 | 16 NAPIER ROAD |
| 7 Jun 2022 | £111,577 | £110,000 | 5 NORTHWOOD ROAD |
| 8 Apr 2022 | £154,470 | £150,000 | 5 NEWARK CRESCENT |
| 11 Mar 2022 | £145,025 | £139,950 | 31 NORMANBY CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 5 Jun 2021. Using an estimated price of £172,415 means this house is valued at £2,052 per sq meter (£190 per sq foot).
The average size of a house on NAPIER ROAD is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Northwood Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Northwood Road |
| Feb 2024 | Robbery | Under investigation | On or near North Haven |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Normanby Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Normanby Close |