£43,055
This estimated value is based upon the latest sale price for the house of £38,000 on 21 Dec 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £38,000 | 21 Dec 2020 |
| £25,500 | 8 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 December 2020 the House Price Index for DURHAM was 129.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 13.304%.Applying this 13.304% change to the original purchase price of £38,000 results in an estimated price of approximately £43,055.
| 21 Dec 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 146.7 | 13.304 % | £38,000 | £5,055 | £43,055 |
The Postcode Pricing Model uses changes in average sales price within the DL14 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 | -13.597 % | £-5,166 | £32,833 |
| 3 Month Average | -10.654 % | £-4,048 | £33,951 |
| 6 Month Average | -5.215 % | £-1,981 | £36,018 |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 24 May 2021.
The average size of a house on DURHAM STREET is 93 sq meters (1,006 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oxford Terrace |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near East Parade |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Vickers Street |
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Vickers Street |
| Mar 2024 | Anti-social behaviour | On or near Stranton Street |