£85,855
This estimated value is based upon the latest sale price for the house of £55,000 on 12 Sep 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £55,000 | 12 Sep 2007 |
| Terraced |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 September 2007 the House Price Index for DURHAM was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £55,000 results in an estimated price of approximately £85,855.
| 12 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £55,000 | £30,855 | £85,855 |
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 | -4.241 % | £-2,332 | £52,667 |
| 3 Month Average | -22.055 % | £-12,130 | £42,869 |
| 6 Month Average | -11.698 % | £-6,434 | £48,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £172,202 | £170,000 | 3 EMILY STREET EAST |
| 8 Sep 2023 | £172,202 | £170,000 | 9 CLARENCE STREET |
| 31 Jul 2023 | £182,405 | £179,950 | 6 EMILY STREET EAST |
| 7 Jul 2023 | £105,419 | £104,000 | 49 VICEROY STREET |
| 29 Jun 2023 | £94,140 | £93,000 | 32A CHURCH STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 27 Oct 2014. Using an estimated price of £85,856 means this house is valued at £1,619 per sq meter (£150 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Talbot Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Talbot Place |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Talbot Place |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Talbot Place |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Talbot Place |