£39,772
This estimated value is based upon the latest sale price for the house of £30,000 on 4 May 2016. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £30,000 | 4 May 2016 |
| £48,000 | 16 Apr 2004 |
| £16,000 | 3 Oct 2003 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,123 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 2016 the House Price Index for DURHAM was 110.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 32.574%.Applying this 32.574% change to the original purchase price of £30,000 results in an estimated price of approximately £39,772.
| 4 May 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 146.7 | 32.574 % | £30,000 | £9,772 | £39,772 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | 22.446 % | £6,733 | £36,733 |
| 3 Month Average | 0.927 % | £278 | £30,278 |
| 6 Month Average | 16.927 % | £5,078 | £35,078 |
This house has a floor area of 104 sq meters or 1,123 sq feet when measured on 9 Jul 2010.
The average size of a house on PARKER TERRACE is 99 sq meters (1,072 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parker Terrace |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parker Terrace |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near A167 |
| Dec 2023 | Other theft | Under investigation | On or near A167 |
| Dec 2023 | Drugs | Under investigation | On or near A167 |