£41,946
This estimated value is based upon the latest sale price for the house of £39,999 on 1 Feb 2022. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£39,999 | 1 Feb 2022 |
£38,500 | 30 Mar 2020 |
£22,000 | 24 Feb 2020 |
£14,000 | 20 Dec 2016 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 2022 the House Price Index for COUNTY DURHAM was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £39,999 results in an estimated price of approximately £41,946.
1 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £39,999 | £1,947 | £41,946 |
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 | -46.088 % | £-18,434 | £21,564 |
3 Month Average | -10.937 % | £-4,374 | £35,624 |
6 Month Average | -5.541 % | £-2,216 | £37,782 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £50,000 | £50,000 | 19 JAMES STREET |
19 Dec 2023 | £47,837 | £47,000 | 6 HAWTHORN STREET |
11 Aug 2023 | £48,424 | £48,000 | 24 THORPE STREET |
9 Feb 2023 | £51,965 | £52,000 | 13 HAWTHORN STREET |
30 Sep 2022 | £79,358 | £79,999 | 30 HAWTHORN STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 21 Mar 2020. Using an estimated price of £41,947 means this house is valued at £655 per sq meter (£60 per sq foot).
The average size of a house on HAWTHORN STREET is 80 sq meters (866 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Further investigation is not in the public interest | On or near Hawthorn Street |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Hawthorn Street |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Thorpe Street |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Thorpe Street |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Thorpe Street |