£47,104
This estimated value is based upon the latest sale price for the house of £38,500 on 26 Feb 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £38,500 | 26 Feb 2020 |
| £30,000 | 8 Apr 2005 |
| £24,000 | 9 Dec 2003 |
| £11,000 | 29 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2020 the House Price Index for DURHAM was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £38,500 results in an estimated price of approximately £47,104.
| 26 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £38,500 | £8,604 | £47,104 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | 12.395 % | £4,772 | £43,272 |
| 3 Month Average | -3.401 % | £-1,309 | £37,190 |
| 6 Month Average | 8.132 % | £3,130 | £41,630 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £50,000 | £50,000 | 19 JAMES STREET |
| 30 Nov 2023 | £60,902 | £60,000 | 8 OSWALD TERRACE |
| 11 Jul 2023 | £31,423 | £31,000 | 22 EASINGTON STREET |
| 26 Jun 2023 | £50,613 | £50,000 | 4 CAVELL SQUARE |
| 2 Jun 2023 | £80,980 | £79,999 | 9 LONDONDERRY TERRACE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 6 Aug 2014. Using an estimated price of £47,104 means this house is valued at £611 per sq meter (£56 per sq foot).
The average size of a house on EASINGTON STREET is 82 sq meters (885 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Easington Street | |
| Feb 2024 | Anti-social behaviour | On or near Easington Street | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Easington Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Easington Street |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Easington Street |