£103,710
This estimated value is based upon the latest sale price for the house of £60,000 on 10 Aug 2011. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £60,000 | 10 Aug 2011 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 738 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 August 2011 the House Price Index for COUNTY DURHAM was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £60,000 results in an estimated price of approximately £103,710.
| 10 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £60,000 | £43,710 | £103,710 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 19.379 % | £11,627 | £71,627 |
| 3 Month Average | -12.225 % | £-7,335 | £52,664 |
| 6 Month Average | 5.346 % | £3,207 | £63,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £119,284 | £118,000 | 24 RUTLAND STREET |
| 13 Apr 2023 | £124,339 | £123,000 | 4 CORBETT STREET |
| 17 Mar 2023 | £131,236 | £130,000 | 22 SUTHERLAND STREET |
| 28 Feb 2023 | £159,842 | £159,950 | 20 RANKSBOROUGH STREET |
| 3 Feb 2023 | £139,906 | £140,000 | 3 SWALLOW STREET |
This house has a floor area of 68 sq meters or 738 sq feet when measured on 13 Feb 2011. Using an estimated price of £103,710 means this house is valued at £1,511 per sq meter (£140 per sq foot).
The average size of a house on RANKSBOROUGH STREET is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stockton Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stockton Street |
| Dec 2023 | Public order | Under investigation | On or near Durham Street |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Embankment Road |
| Feb 2024 | Shoplifting | Further investigation is not in the public interest | On or near St Aldwyn Road |