£55,339
This estimated value is based upon the latest sale price for the house of £55,000 on 20 May 2022. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £55,000 | 20 May 2022 |
| £47,000 | 31 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 May 2022 the House Price Index for COUNTY DURHAM was 145.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.617%.Applying this 0.617% change to the original purchase price of £55,000 results in an estimated price of approximately £55,339.
| 20 May 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 146.7 | 0.617 % | £55,000 | £339 | £55,339 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | -9.115 % | £-5,013 | £49,986 |
| 3 Month Average | -4.834 % | £-2,658 | £52,341 |
| 6 Month Average | -2.520 % | £-1,385 | £53,614 |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 23 Aug 2012.
The average size of a house on PARMETER STREET is 93 sq meters (1,003 sq feet).
This house is the largest in the street with a floor area of 95 sq meters (1,022 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Mundell Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mundell Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mundell Street |
| Jan 2024 | Shoplifting | Local resolution | On or near Mundell Street |
| Jan 2024 | Other crime | Under investigation | On or near Mundell Street |