£117,086
This estimated value is based upon the latest sale price for the house of £69,000 on 27 Jan 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £69,000 | 27 Jan 2012 |
| £95,500 | 7 Sep 2007 |
| £35,950 | 15 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,142 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 January 2012 the House Price Index for COUNTY DURHAM was 86.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.690%.Applying this 69.690% change to the original purchase price of £69,000 results in an estimated price of approximately £117,086.
| 27 Jan 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 146.7 | 69.690 % | £69,000 | £48,086 | £117,086 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | -32.285 % | £-22,276 | £46,723 |
| 3 Month Average | -12.297 % | £-8,484 | £60,515 |
| 6 Month Average | -0.681 % | £-469 | £68,530 |
This house has a floor area of 106 sq meters or 1,142 sq feet when measured on 26 May 2011.
The average size of a house on PARK ROAD is 101 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near School Terrace |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near School Terrace |
| Feb 2024 | Anti-social behaviour | On or near School Terrace | |
| Feb 2024 | Anti-social behaviour | On or near School Terrace | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |