£32,170
This estimated value is based upon the latest sale price for the house of £25,000 on 16 May 2017. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£25,000 | 16 May 2017 |
£26,000 | 29 Aug 2003 |
£26,000 | 29 Aug 2003 |
£23,750 | 31 Aug 2001 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 830 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 May 2017 the House Price Index for DURHAM was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £25,000 results in an estimated price of approximately £32,170.
16 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £25,000 | £7,170 | £32,170 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 1.399 % | £349 | £25,349 |
3 Month Average | -17.222 % | £-4,305 | £20,694 |
6 Month Average | 4.390 % | £1,097 | £26,097 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £78,370 | £76,999 | 71 SOUTH STREET |
25 Aug 2023 | £40,352 | £39,999 | 79 SOUTH STREET |
30 Jun 2023 | £51,119 | £50,500 | 33 SOUTH STREET |
30 Jun 2023 | £63,772 | £63,000 | 23 STRATTON STREET |
21 Apr 2023 | £55,599 | £55,000 | 72 SOUTH STREET |
This house has a floor area of 77 sq meters or 830 sq feet when measured on 14 Nov 2008. Using an estimated price of £32,170 means this house is valued at £416 per sq meter (£38 per sq foot).
The average size of a house on STRATTON STREET is 90 sq meters (973 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stratton Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stratton Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stratton Street |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Stratton Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stratton Street |