£126,463
This estimated value is based upon the latest sale price for the house of £35,000 on 20 Oct 2000. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Richmond Road
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Price Paid | Date |
---|---|
£35,000 | 20 Oct 2000 |
£33,000 | 20 Sep 1996 |
£33,000 | 15 Sep 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 October 2000 the House Price Index for DURHAM was 40.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 261.323%.Applying this 261.323% change to the original purchase price of £35,000 results in an estimated price of approximately £126,463.
20 Oct 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.6 | 146.7 | 261.323 % | £35,000 | £91,463 | £126,463 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 217.811 % | £76,233 | £111,233 |
3 Month Average | 207.555 % | £72,644 | £107,644 |
6 Month Average | 210.252 % | £73,588 | £108,588 |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 30 Aug 2013.
The average size of a house on MIDDLEHAM ROAD is 59 sq meters (645 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near Richmond Road |
Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Richmond Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Road |
Dec 2023 | Violence and sexual offences | Further investigation is not in the public interest | On or near Richmond Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Helmsley Road |