£185,473
This estimated value is based upon the latest sale price for the house of £149,950 on 17 Aug 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £149,950 | 17 Aug 2018 |
| £132,000 | 16 Oct 2009 |
| £136,500 | 14 Dec 2007 |
| £76,000 | 10 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 138 sq meters or 1,489 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 2018 the House Price Index for COUNTY DURHAM was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £149,950 results in an estimated price of approximately £185,473.
| 17 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £149,950 | £35,523 | £185,473 |
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 | 31.439 % | £47,143 | £197,093 |
| 3 Month Average | -6.956 % | £-10,431 | £139,518 |
| 6 Month Average | 9.402 % | £14,097 | £164,047 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £91,603 | £90,000 | M & K SERVICES GEORGE STREET INDUSTRIAL ESTATE |
| 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 |
| 4 Jul 2023 | £93,762 | £92,500 | 45 MARLBOROUGH |
This house has a floor area of 138 sq meters or 1,489 sq feet when measured on 2 Mar 2009. Using an estimated price of £185,474 means this house is valued at £1,340 per sq meter (£124 per sq foot).
The average size of a house on CLARENCE STREET is 195 sq meters (2,105 sq feet).
This house is the smallest in the street with a floor area of 138 sq meters (1,489 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Awaiting court outcome | On or near Clarence Street |
| Jan 2024 | Drugs | Offender given a caution | On or near Clarence Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Charles Street |
| 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 |