£60,370
This estimated value is based upon the latest sale price for the house of £51,000 on 14 Aug 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £51,000 | 14 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 2020 the House Price Index for COUNTY DURHAM was 123.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.373%.Applying this 18.373% change to the original purchase price of £51,000 results in an estimated price of approximately £60,370.
| 14 Aug 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 146.7 | 18.373 % | £51,000 | £9,370 | £60,370 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 50.905 % | £25,961 | £76,961 |
| 3 Month Average | -8.574 % | £-4,372 | £46,627 |
| 6 Month Average | 14.575 % | £7,433 | £58,433 |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 15 Aug 2017.
The average size of a house on NORMAN TERRACE is 85 sq meters (918 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Berry Edge View |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Edwardia Court |
| Mar 2024 | Anti-social behaviour | On or near Victoria Street | |
| Mar 2024 | Anti-social behaviour | On or near Victoria Street | |
| Jan 2024 | Public order | Local resolution | On or near Victoria Street |