£109,196
This estimated value is based upon the latest sale price for the house of £64,000 on 18 Apr 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£64,000 | 18 Apr 2012 |
£28,000 | 5 Aug 2011 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 April 2012 the House Price Index for COUNTY DURHAM was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £64,000 results in an estimated price of approximately £109,196.
18 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 148.6 | 70.620 % | £64,000 | £45,196 | £109,196 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | -22.905 % | £-14,659 | £49,340 |
3 Month Average | -16.913 % | £-10,824 | £53,175 |
6 Month Average | -5.209 % | £-3,333 | £60,666 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £34,000 | £34,000 | 17 GEORGE STREET |
29 Nov 2023 | £62,932 | £62,000 | 4 FREVILLE STREET |
13 Nov 2023 | £74,097 | £73,000 | 18 BYERLEY ROAD |
10 Nov 2023 | £62,932 | £62,000 | 31 BYERLEY ROAD |
25 Sep 2023 | £60,777 | £60,000 | 4 SALISBURY TERRACE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 27 Mar 2019. Using an estimated price of £109,197 means this house is valued at £1,733 per sq meter (£161 per sq foot).
The average size of a house on GEORGE STREET is 69 sq meters (744 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near George Street |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Salisbury Terrace |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Salisbury Terrace |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Salisbury Terrace |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salisbury Terrace |