£30,765
This estimated value is based upon the latest sale price for the house of £31,500 on 27 Oct 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £31,500 | 27 Oct 2022 |
| £65,000 | 15 Jul 2005 |
| £19,000 | 22 Dec 1999 |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 October 2022 the House Price Index for DURHAM was 150.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -2.330%.Applying this -2.330% change to the original purchase price of £31,500 results in an estimated price of approximately £30,765.
| 27 Oct 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 146.7 | -2.330 % | £31,500 | £-734 | £30,765 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | -8.549 % | £-2,692 | £28,807 |
| 3 Month Average | -30.113 % | £-9,485 | £22,014 |
| 6 Month Average | -11.069 % | £-3,486 | £28,013 |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 29 Oct 2012.
The average size of a house on STANDERTON TERRACE is 102 sq meters (1,098 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Dec 2023 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Dec 2023 | Anti-social behaviour | On or near Sports/Recreation Area |