£122,338
This estimated value is based upon the latest sale price for the house of £115,000 on 3 Sep 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £115,000 | 3 Sep 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,131 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 September 2021 the House Price Index for COUNTY 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 £115,000 results in an estimated price of approximately £122,338.
| 3 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £115,000 | £7,338 | £122,338 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | -3.215 % | £-3,696 | £111,303 |
| 3 Month Average | 15.772 % | £18,137 | £133,137 |
| 6 Month Average | -1.621 % | £-1,864 | £113,135 |
This house has a floor area of 105 sq meters or 1,131 sq feet when measured on 4 Jun 2010.
The average size of a house on EIGHTH AVENUE is 109 sq meters (1,173 sq feet).
This house is the largest in the street with a floor area of 105 sq meters (1,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Eighth Avenue | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eighth Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Eighth Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Seventh Avenue |
| Jan 2024 | Anti-social behaviour | On or near Seventh Avenue |