£105,767
This estimated value is based upon the latest sale price for the house of £100,000 on 6 Dec 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £100,000 | 6 Dec 2021 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 December 2021 the House Price Index for COUNTY DURHAM was 138.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.768%.Applying this 5.768% change to the original purchase price of £100,000 results in an estimated price of approximately £105,767.
| 6 Dec 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 146.7 | 5.768 % | £100,000 | £5,767 | £105,767 |
The Postcode Pricing Model uses changes in average sales price within the DL15 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 | -18.496 % | £-18,496 | £81,503 |
| 3 Month Average | 18.561 % | £18,560 | £118,560 |
| 6 Month Average | 9.341 % | £9,340 | £109,340 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 23 May 2017.
The average size of a house on NELSON STREET is 137 sq meters (1,474 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Moravian Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moravian Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Calvert Street |
| Mar 2024 | Anti-social behaviour | On or near Commercial Street | |
| Feb 2024 | Anti-social behaviour | On or near Commercial Street |