£134,883
This estimated value is based upon the latest sale price for the house of £74,000 on 13 Feb 2009. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £74,000 | 13 Feb 2009 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 708 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 February 2009 the House Price Index for DURHAM was 80.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.275%.Applying this 82.275% change to the original purchase price of £74,000 results in an estimated price of approximately £134,883.
| 13 Feb 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 146.7 | 82.275 % | £74,000 | £60,883 | £134,883 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | 23.610 % | £17,471 | £91,471 |
| 3 Month Average | 36.334 % | £26,887 | £100,887 |
| 6 Month Average | 28.304 % | £20,944 | £94,944 |
This house has a floor area of 65 sq meters or 708 sq feet when measured on 17 Jan 2012.
The average size of a house on PELAW SQUARE is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pelaw Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pelaw Crescent |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pelaw Crescent |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Pelaw Crescent |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Conyers Road |