£115,921
This estimated value is based upon the latest sale price for the house of £63,000 on 15 Jun 2009. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £63,000 | 15 Jun 2009 |
| £37,000 | 28 Jan 2005 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 June 2009 the House Price Index for COUNTY DURHAM was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.002%.Applying this 84.002% change to the original purchase price of £63,000 results in an estimated price of approximately £115,921.
| 15 Jun 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 84.002 % | £63,000 | £52,921 | £115,921 |
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 | -27.565 % | £-17,366 | £45,633 |
| 3 Month Average | -13.854 % | £-8,727 | £54,272 |
| 6 Month Average | -3.349 % | £-2,109 | £60,890 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £28,090 | £27,750 | 25 JOHN STREET |
| 14 Jun 2023 | £29,356 | £29,000 | 11 VINCENT STREET |
| 27 Apr 2023 | £70,761 | £69,999 | 6 SCHOOL STREET |
| 17 Mar 2023 | £92,875 | £92,000 | RUBI WAY CRAWLAW ROAD |
| 16 Feb 2023 | £70,453 | £70,500 | 8 SCHOOL STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 20 Feb 2019. Using an estimated price of £115,921 means this house is valued at £1,869 per sq meter (£173 per sq foot).
The average size of a house on SCHOOL STREET is 93 sq meters (1,001 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near School Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near School Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near School Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near School Street |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |