£30,722
This estimated value is based upon the latest sale price for the house of £26,500 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £26,500 | 6 Nov 2020 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 November 2020 the House Price Index for COUNTY DURHAM was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £26,500 results in an estimated price of approximately £30,722.
| 6 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £26,500 | £4,222 | £30,722 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | 4.650 % | £1,232 | £27,732 |
| 3 Month Average | 5.890 % | £1,560 | £28,060 |
| 6 Month Average | 0.308 % | £81 | £26,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £37,659 | £37,000 | 91 SEVENTH STREET |
| 25 Aug 2023 | £40,353 | £40,000 | 47 SEVENTH STREET |
| 28 Jul 2023 | £65,887 | £65,000 | 2 SCHOOL HOUSE EDEN STREET |
| 21 Jul 2023 | £25,848 | £25,500 | 10 EIGHTH STREET |
| 30 Jun 2023 | £40,489 | £39,999 | 41 EIGHTH STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 21 Oct 2016. Using an estimated price of £30,723 means this house is valued at £426 per sq meter (£39 per sq foot).
The average size of a house on EIGHTH STREET is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ninth Street |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ninth Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ninth Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ninth Street |
| Jan 2024 | Drugs | Under investigation | On or near Eden Court |