£138,258
This estimated value is based upon the latest sale price for the house of £69,500 on 4 May 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £69,500 | 4 May 2004 |
| £53,000 | 21 Mar 2003 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 May 2004 the House Price Index for DURHAM was 73.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 98.933%.Applying this 98.933% change to the original purchase price of £69,500 results in an estimated price of approximately £138,258.
| 4 May 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 146.7 | 98.933 % | £69,500 | £68,758 | £138,258 |
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 | 15.542 % | £10,801 | £80,301 |
| 3 Month Average | 16.838 % | £11,702 | £81,202 |
| 6 Month Average | 43.501 % | £30,232 | £99,732 |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 30 May 2014.
The average size of a house on MORPETH STREET is 106 sq meters (1,141 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Rothley Avenue |
| Feb 2024 | Other theft | Under investigation | On or near Alnwick Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alnwick Street |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Alnwick Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Alnwick Street |