£480,417
This estimated value is based upon the latest sale price for the house of £80,000 on 24 Nov 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £80,000 | 24 Nov 2023 |
| £25,000 | 2 Apr 2003 |
| £17,500 | 14 Nov 2002 |
| £23,000 | 3 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,006 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 November 2023 the House Price Index for DURHAM was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £80,000 results in an estimated price of approximately £480,417.
| 24 Nov 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £80,000 | £400,417 | £480,417 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | -35.950 % | £-28,760 | £51,239 |
| 3 Month Average | -11.776 % | £-9,421 | £70,578 |
| 6 Month Average | 2.873 % | £2,298 | £82,298 |
This house has a floor area of 93 sq meters or 1,006 sq feet when measured on 13 Mar 2012.
The average size of a house on BARRINGTON TERRACE is 100 sq meters (1,078 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rennie Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rennie Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rennie Street |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Rennie Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newcomen Street |