£43,616
This estimated value is based upon the latest sale price for the house of £41,000 on 28 Sep 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £41,000 | 28 Sep 2021 |
| £31,500 | 5 Feb 2019 |
| £30,000 | 8 Dec 2017 |
| £38,500 | 28 Mar 2001 |
| £36,500 | 27 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 September 2021 the House Price Index for DURHAM was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £41,000 results in an estimated price of approximately £43,616.
| 28 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £41,000 | £2,616 | £43,616 |
The Postcode Pricing Model uses changes in average sales price within the DL14 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 | -62.985 % | £-25,823 | £15,176 |
| 3 Month Average | -25.548 % | £-10,474 | £30,525 |
| 6 Month Average | -27.437 % | £-11,249 | £29,750 |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 15 Apr 2017.
The average size of a house on EAST PARADE is 71 sq meters (766 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near East Parade |
| Mar 2024 | Anti-social behaviour | On or near Adelaide Street | |
| Mar 2024 | Anti-social behaviour | On or near Adelaide Street | |
| Feb 2024 | Drugs | Under investigation | On or near Adelaide Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Adelaide Street |