£24,915
This estimated value is based upon the latest sale price for the house of £25,000 on 21 Apr 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £25,000 | 21 Apr 2023 |
| Terraced |
| Freehold |
| Floor Area: 40 sq meters or 430 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 April 2023 the House Price Index for DURHAM was 147.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.340%.Applying this -0.340% change to the original purchase price of £25,000 results in an estimated price of approximately £24,915.
| 21 Apr 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 146.7 | -0.340 % | £25,000 | £-84 | £24,915 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | -68.189 % | £-17,047 | £7,952 |
| 3 Month Average | -21.533 % | £-5,383 | £19,616 |
| 6 Month Average | -8.555 % | £-2,138 | £22,861 |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 17 May 2019.
The average size of a house on AVON ROAD is 62 sq meters (668 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (430 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Tweed Terrace |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Avon Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tees Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tees Crescent |
| Dec 2023 | Anti-social behaviour | On or near Tees Crescent |