£110,975
This estimated value is based upon the latest sale price for the house of £66,000 on 26 Feb 2010. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £66,000 | 26 Feb 2010 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 sq feet |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in February 2010 the House Price Index for COUNTY DURHAM was 87.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.145%.Applying this 68.145% change to the original purchase price of £66,000 results in an estimated price of approximately £110,975.
| 26 Feb 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 146.7 | 68.145 % | £66,000 | £44,975 | £110,975 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | 7.155 % | £4,722 | £70,722 |
| 3 Month Average | -4.505 % | £-2,973 | £63,026 |
| 6 Month Average | -2.548 % | £-1,681 | £64,318 |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 24 Jul 2020.
The average size of a house on PROSPECT TERRACE is 111 sq meters (1,203 sq feet).
This house is the smallest in the street with a floor area of 82 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prospect Street |
| Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Prospect Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Prospect Street |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Prospect Street |
| Mar 2024 | Anti-social behaviour | On or near Villiers Place |