£177,628
This estimated value is based upon the latest sale price for the house of £38,000 on 20 Apr 1998. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £38,000 | 20 Apr 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 April 1998 the House Price Index for DURHAM was 31.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 367.443%.Applying this 367.443% change to the original purchase price of £38,000 results in an estimated price of approximately £177,628.
| 20 Apr 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.4 | 146.7 | 367.443 % | £38,000 | £139,628 | £177,628 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 237.070 % | £90,086 | £128,086 |
| 3 Month Average | 254.454 % | £96,692 | £134,692 |
| 6 Month Average | 249.982 % | £94,993 | £132,993 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 12 Apr 2014.
The average size of a house on MAGDALENE AVENUE is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magdalene Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Magdalene Avenue |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Broomside Lane |
| Feb 2024 | Public order | Under investigation | On or near Shopping Area |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shopping Area |