£159,842
This estimated value is based upon the latest sale price for the house of £159,950 on 28 Feb 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£159,950 | 28 Feb 2023 |
£129,950 | 20 Feb 2017 |
£70,500 | 7 Apr 2004 |
£38,950 | 26 Apr 2002 |
£31,000 | 15 Dec 1995 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 February 2023 the House Price Index for DURHAM was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £159,950 results in an estimated price of approximately £159,842.
28 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 148.6 | -0.067 % | £159,950 | £-107 | £159,842 |
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 | -34.329 % | £-54,909 | £105,040 |
3 Month Average | -23.609 % | £-37,763 | £122,186 |
6 Month Average | -11.468 % | £-18,343 | £141,606 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Apr 2023 | £119,284 | £118,000 | 24 RUTLAND STREET |
13 Apr 2023 | £124,339 | £123,000 | 4 CORBETT STREET |
17 Mar 2023 | £131,236 | £130,000 | 22 SUTHERLAND STREET |
28 Feb 2023 | £159,842 | £159,950 | 20 RANKSBOROUGH STREET |
3 Feb 2023 | £139,906 | £140,000 | 3 SWALLOW STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 8 Feb 2011. Using an estimated price of £159,842 means this house is valued at £2,189 per sq meter (£203 per sq foot).
The average size of a house on RANKSBOROUGH STREET is 78 sq meters (843 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stockton Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stockton Street |
Dec 2023 | Public order | Under investigation | On or near Durham Street |
Jan 2024 | Violence and sexual offences | Local resolution | On or near Embankment Road |
Feb 2024 | Shoplifting | Further investigation is not in the public interest | On or near St Aldwyn Road |