£107,843
This estimated value is based upon the latest sale price for the house of £68,850 on 26 Jun 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £68,850 | 26 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 June 2007 the House Price Index for DURHAM was 93.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.636%.Applying this 56.636% change to the original purchase price of £68,850 results in an estimated price of approximately £107,843.
| 26 Jun 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 146.7 | 56.636 % | £68,850 | £38,993 | £107,843 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | 5.038 % | £3,468 | £72,318 |
| 3 Month Average | 20.094 % | £13,834 | £82,684 |
| 6 Month Average | 16.789 % | £11,559 | £80,409 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 19 Nov 2021.
The average size of a house on SECOND AVENUE is 81 sq meters (879 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Second Avenue |
| Mar 2024 | Anti-social behaviour | On or near Bullion Lane | |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Bullion Lane |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Bullion Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bullion Lane |