£84,523
This estimated value is based upon the latest sale price for the house of £83,500 on 7 Jun 2023. 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 Morton Square
More crime details
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Price Paid | Date |
---|---|
£83,500 | 7 Jun 2023 |
£76,500 | 24 Aug 2018 |
£80,000 | 30 Sep 2005 |
£65,000 | 16 Apr 2004 |
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 2023 the House Price Index for DURHAM was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £83,500 results in an estimated price of approximately £84,523.
7 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.8 | 148.6 | 1.226 % | £83,500 | £1,023 | £84,523 |
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 | -26.491 % | £-22,120 | £61,379 |
3 Month Average | -19.375 % | £-16,178 | £67,321 |
6 Month Average | -6.545 % | £-5,465 | £78,034 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £76,336 | £75,000 | 20 KENT WALK |
6 Nov 2023 | £50,751 | £50,000 | 5 ACRE RIGG ROAD |
7 Sep 2023 | £60,777 | £60,000 | 63 BASINGSTOKE ROAD |
16 Jun 2023 | £83,005 | £82,000 | 29 BEVERLEY WAY |
7 Jun 2023 | £84,524 | £83,500 | 35 ACRE RIGG ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 15 Sep 2017. Using an estimated price of £84,524 means this house is valued at £1,320 per sq meter (£122 per sq foot).
The average size of a house on ACRE RIGG ROAD is 85 sq meters (922 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Morton Square |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Morton Square |
Mar 2024 | Anti-social behaviour | On or near Essington Way | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Essington Way |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essington Way |