£156,784
This estimated value is based upon the latest sale price for the house of £74,000 on 27 Feb 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £74,000 | 27 Feb 2004 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 February 2004 the House Price Index for DURHAM was 70.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 111.871%.Applying this 111.871% change to the original purchase price of £74,000 results in an estimated price of approximately £156,784.
| 27 Feb 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 148.6 | 111.871 % | £74,000 | £82,784 | £156,784 |
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 | 41.265 % | £30,536 | £104,536 |
| 3 Month Average | 46.106 % | £34,118 | £108,118 |
| 6 Month Average | 59.773 % | £44,232 | £118,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £106,360 | £105,000 | 2 YORK ROAD |
| 18 Aug 2023 | £60,530 | £60,000 | 100 ACRE RIGG ROAD |
| 18 Jul 2023 | £104,405 | £103,000 | 42 BARSLOAN GROVE |
| 2 Jun 2023 | £91,104 | £90,000 | 25 BARSLOAN GROVE |
| 4 Apr 2023 | £100,078 | £99,000 | 38 BUCKINGHAM ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 27 May 2016. Using an estimated price of £156,785 means this house is valued at £1,888 per sq meter (£175 per sq foot).
The average size of a house on BUCKINGHAM ROAD is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Buckingham Road |
| Feb 2024 | Anti-social behaviour | On or near Buckingham Road | |
| Feb 2024 | Anti-social behaviour | On or near Buckingham Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckingham Road |
| Jan 2024 | Anti-social behaviour | On or near Buckingham Road |