£100,446
This estimated value is based upon the latest sale price for the house of £99,500 on 3 Mar 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £99,500 | 3 Mar 2023 |
| £32,000 | 18 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 March 2023 the House Price Index for DURHAM was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £99,500 results in an estimated price of approximately £100,446.
| 3 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £99,500 | £946 | £100,446 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -12.391 % | £-12,328 | £87,171 |
| 3 Month Average | -14.475 % | £-14,403 | £85,096 |
| 6 Month Average | -7.659 % | £-7,620 | £91,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £100,446 | £99,500 | 2 MELROSE CRESCENT |
| 20 May 2022 | £127,401 | £125,000 | 23 MILLDALE |
| 28 Mar 2022 | £82,901 | £80,000 | 21 WINDSOR ROAD |
| 2 Mar 2022 | £91,191 | £88,000 | 149 MELROSE CRESCENT |
| 24 Feb 2022 | £120,600 | £115,000 | 133 MELROSE CRESCENT |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 24 Apr 2015. Using an estimated price of £100,446 means this house is valued at £1,793 per sq meter (£166 per sq foot).
The average size of a house on MELROSE CRESCENT is 80 sq meters (869 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milldale |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Milldale |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Milldale |
| Apr 2024 | Shoplifting | Under investigation | On or near Milldale |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Milldale |