£135,443
This estimated value is based upon the latest sale price for the house of £80,000 on 18 Nov 2010. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £80,000 | 18 Nov 2010 |
| £94,000 | 1 Feb 2007 |
| £56,000 | 2 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,107 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 November 2010 the House Price Index for COUNTY DURHAM was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.305%.Applying this 69.305% change to the original purchase price of £80,000 results in an estimated price of approximately £135,443.
| 18 Nov 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.305 % | £80,000 | £55,443 | £135,443 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 0.312 % | £249 | £80,249 |
| 3 Month Average | 23.490 % | £18,792 | £98,792 |
| 6 Month Average | 19.162 % | £15,329 | £95,329 |
This house has a floor area of 102 sq meters or 1,107 sq feet when measured on 6 May 2009.
The average size of a house on DERWENT STREET is 159 sq meters (1,721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Silver Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Silver Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Silver Street |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cross Street |