£31,562
This estimated value is based upon the latest sale price for the house of £27,500 on 15 Dec 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£27,500 | 15 Dec 2020 |
£36,000 | 15 Jun 2007 |
£23,000 | 6 Feb 2004 |
£9,000 | 7 Aug 2002 |
Terraced |
Freehold |
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 December 2020 the House Price Index for DURHAM was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £27,500 results in an estimated price of approximately £31,562.
15 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £27,500 | £4,062 | £31,562 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -6.623 % | £-1,821 | £25,678 |
3 Month Average | -21.588 % | £-5,936 | £21,563 |
6 Month Average | -16.978 % | £-4,668 | £22,831 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £48,721 | £48,000 | 7 HENRY STREET NORTH |
2 Nov 2023 | £63,743 | £62,799 | 7 NORTH CORONATION STREET |
15 Sep 2023 | £86,101 | £85,000 | 9 HENRY STREET SOUTH |
27 Jul 2023 | £53,723 | £53,000 | 12 CEDAR CRESCENT |
27 Apr 2023 | £55,599 | £55,000 | 20 CEDAR CRESCENT |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Henry Street South | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Henry Street South |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Henry Street South |
Mar 2024 | Anti-social behaviour | On or near Henry Street South | |
Mar 2024 | Anti-social behaviour | On or near Henry Street South |