£29,593
This estimated value is based upon the latest sale price for the house of £29,000 on 14 Jun 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £29,000 | 14 Jun 2023 |
| £27,500 | 8 Jan 2020 |
| £23,250 | 26 Sep 2019 |
| £19,000 | 24 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2023 the House Price Index for COUNTY DURHAM was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £29,000 results in an estimated price of approximately £29,593.
| 14 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £29,000 | £593 | £29,593 |
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 | -30.375 % | £-8,808 | £20,191 |
| 3 Month Average | -16.632 % | £-4,823 | £24,176 |
| 6 Month Average | -9.385 % | £-2,721 | £26,278 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2024 | £40,000 | £40,000 | VANE HOUSE VANE STREET |
| 7 Nov 2023 | £37,451 | £36,500 | 20 THORPE STREET |
| 1 Nov 2023 | £44,120 | £43,000 | 28 THORPE STREET |
| 21 Sep 2023 | £53,172 | £52,000 | 14 THOMAS STREET |
| 16 Jun 2023 | £28,317 | £27,750 | 25 JOHN STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 29 Jun 2018. Using an estimated price of £29,593 means this house is valued at £340 per sq meter (£31 per sq foot).
The average size of a house on VINCENT STREET is 109 sq meters (1,175 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Vincent Street |
| Jul 2024 | Anti-social behaviour | On or near Vincent Street | |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Vincent Street |
| May 2024 | Anti-social behaviour | On or near Vincent Street | |
| May 2024 | Anti-social behaviour | On or near Vincent Street |