£73,703
This estimated value is based upon the latest sale price for the house of £50,000 on 19 Mar 2015. This value is then adjusted by the current Official House Price Index for DURHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £50,000 | 19 Mar 2015 |
| £79,000 | 14 Jun 2004 |
| £38,500 | 4 Aug 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 March 2015 the House Price Index for DURHAM was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £50,000 results in an estimated price of approximately £73,703.
| 19 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £50,000 | £23,703 | £73,703 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 87.869 % | £43,934 | £93,934 |
| 3 Month Average | 5.195 % | £2,597 | £52,597 |
| 6 Month Average | 1.169 % | £584 | £50,584 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £140,227 | £139,000 | 12 OSBORNE ROAD |
| 10 Jul 2023 | £40,444 | £39,900 | 119 CRADDOCK STREET |
| 16 Jun 2023 | £40,440 | £39,950 | 113 CRADDOCK STREET |
| 8 Jun 2023 | £69,846 | £69,000 | 17 CHESTNUT AVENUE |
| 28 Apr 2023 | £89,964 | £88,995 | 17 ASH GROVE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 28 Nov 2014. Using an estimated price of £73,703 means this house is valued at £818 per sq meter (£76 per sq foot).
The average size of a house on CHESTNUT AVENUE is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Osborne Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Osborne Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Osborne Road |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Osborne Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Osborne Road |