£177,855
This estimated value is based upon the latest sale price for the house of £34,000 on 25 Apr 1997. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £34,000 | 25 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 167 sq meters or 1,797 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 1997 the House Price Index for DURHAM was 28.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 423.104%.Applying this 423.104% change to the original purchase price of £34,000 results in an estimated price of approximately £177,855.
| 25 Apr 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 148.6 | 423.104 % | £34,000 | £143,855 | £177,855 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | 62.886 % | £21,381 | £55,381 |
| 3 Month Average | 59.755 % | £20,316 | £54,316 |
| 6 Month Average | 115.985 % | £39,434 | £73,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £40,347 | £39,750 | 1 BYERLEY COURT |
| 4 Sep 2023 | £59,258 | £58,500 | 1 WATERLOO TERRACE |
| 16 Jun 2023 | £76,932 | £76,000 | 2 PRINCES STREET |
| 15 Jun 2023 | £52,638 | £52,000 | 6 BYERLEY COURT |
| 24 Mar 2023 | £77,731 | £76,999 | 31 PRINCES STREET |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 2 Mar 2013. Using an estimated price of £177,855 means this house is valued at £1,065 per sq meter (£98 per sq foot).
The average size of a house on WEST ROAD is 184 sq meters (1,981 sq feet).
This house is the largest in the street with a floor area of 167 sq meters (1,797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Princes Street |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Princes Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Princes Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Waterloo Terrace |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Waterloo Terrace |