£185,215
This estimated value is based upon the latest sale price for the house of £96,250 on 23 Jul 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £96,250 | 23 Jul 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,318 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 July 2004 the House Price Index for DURHAM was 76.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 92.432%.Applying this 92.432% change to the original purchase price of £96,250 results in an estimated price of approximately £185,215.
| 23 Jul 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 146.7 | 92.432 % | £96,250 | £88,965 | £185,215 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | -6.484 % | £-6,240 | £90,009 |
| 3 Month Average | -0.674 % | £-648 | £95,601 |
| 6 Month Average | 5.106 % | £4,914 | £101,164 |
This house has a floor area of 122 sq meters or 1,318 sq feet when measured on 21 Oct 2008.
The average size of a house on GEORGE STREET is 90 sq meters (968 sq feet).
This house is the largest in the street with a floor area of 122 sq meters (1,318 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Local resolution | On or near George Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stanley Terrace |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stanley Terrace |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Stanley Terrace |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Weldon Terrace |