£79,807
This estimated value is based upon the latest sale price for the house of £66,000 on 24 Jul 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£66,000 | 24 Jul 2020 |
£56,000 | 1 May 2014 |
£30,150 | 23 Aug 2002 |
£35,000 | 20 Jul 1995 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 987 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 July 2020 the House Price Index for DURHAM was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £66,000 results in an estimated price of approximately £79,807.
24 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £66,000 | £13,807 | £79,807 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | 0.476 % | £314 | £66,314 |
3 Month Average | 4.772 % | £3,149 | £69,149 |
6 Month Average | 31.775 % | £20,971 | £86,971 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £43,646 | £43,000 | 58 ALBERT STREET |
11 Sep 2023 | £43,557 | £43,000 | 49 ALBERT STREET |
29 Jun 2023 | £56,181 | £55,500 | 71 ALBERT STREET |
28 Apr 2023 | £55,599 | £55,000 | 28 KING EDWARD STREET |
13 May 2022 | £56,056 | £55,000 | 25 KING EDWARD STREET |
This house has a floor area of 91 sq meters or 987 sq feet when measured on 6 Oct 2011. Using an estimated price of £79,807 means this house is valued at £870 per sq meter (£80 per sq foot).
The average size of a house on ALEXANDRA STREET is 92 sq meters (998 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Paul'S Terrace |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near King Edward Street |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near King Edward Street |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albert Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Street |