£130,277
This estimated value is based upon the latest sale price for the house of £70,000 on 8 Apr 2005. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £70,000 | 8 Apr 2005 |
| £10,200 | 31 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 April 2005 the House Price Index for DURHAM was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £70,000 results in an estimated price of approximately £130,277.
| 8 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.110 % | £70,000 | £60,277 | £130,277 |
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 | -8.396 % | £-5,876 | £64,123 |
| 3 Month Average | -20.621 % | £-14,434 | £55,565 |
| 6 Month Average | -9.733 % | £-6,812 | £63,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £72,933 | £72,000 | 25 ELM DRIVE |
| 15 Sep 2023 | £79,010 | £78,000 | 23 AUCKLAND WYND |
| 7 Aug 2023 | £88,777 | £88,000 | 10 AUCKLAND WYND |
| 16 Jun 2023 | £70,858 | £70,000 | 175 AUCKLAND TERRACE |
| 1 Jun 2023 | £55,674 | £55,000 | 155A AUCKLAND TERRACE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 12 Mar 2020. Using an estimated price of £130,277 means this house is valued at £1,784 per sq meter (£165 per sq foot).
The average size of a house on AUCKLAND TERRACE is 93 sq meters (1,003 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Elm Drive | |
| Feb 2024 | Anti-social behaviour | On or near Elm Drive | |
| Feb 2024 | Anti-social behaviour | On or near Elm Drive | |
| Feb 2024 | Anti-social behaviour | On or near Elm Drive | |
| Jan 2024 | Anti-social behaviour | On or near Elm Drive |