£279,048
This estimated value is based upon the latest sale price for the house of £280,000 on 20 Apr 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£280,000 | 20 Apr 2023 |
£230,000 | 12 Apr 2019 |
£200,000 | 24 Nov 2006 |
£113,500 | 29 Nov 2002 |
£79,950 | 23 Jan 1998 |
Terraced |
Freehold |
Floor Area: 211 sq meters or 2,271 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 April 2023 the House Price Index for DURHAM was 147.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.340%.Applying this -0.340% change to the original purchase price of £280,000 results in an estimated price of approximately £279,048.
20 Apr 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 146.7 | -0.340 % | £280,000 | £-951 | £279,048 |
The Postcode Pricing Model uses changes in average sales price within the DL15 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 | 1.821 % | £5,098 | £285,098 |
3 Month Average | 20.803 % | £58,249 | £338,249 |
6 Month Average | 1.070 % | £2,995 | £282,995 |
This house has a floor area of 211 sq meters or 2,271 sq feet when measured on 30 Nov 2018.
The average size of a house on PARK AVENUE is 176 sq meters (1,904 sq feet).
This house is the largest in the street with a floor area of 211 sq meters (2,271 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Park Avenue |
Dec 2023 | Violence and sexual offences | Formal action is not in the public interest | On or near Park Avenue |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near St Mary'S Avenue |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
Jan 2024 | Burglary | Awaiting court outcome | On or near Wesley Street |