£124,980
This estimated value is based upon the latest sale price for the house of £103,500 on 11 May 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £103,500 | 11 May 2020 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 May 2020 the House Price Index for COUNTY DURHAM was 121.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.754%.Applying this 20.754% change to the original purchase price of £103,500 results in an estimated price of approximately £124,980.
| 11 May 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 146.7 | 20.754 % | £103,500 | £21,480 | £124,980 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | 27.042 % | £27,988 | £131,488 |
| 3 Month Average | 16.743 % | £17,328 | £120,828 |
| 6 Month Average | 20.233 % | £20,941 | £124,441 |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 10 Mar 2020.
The average size of a house on SOUTH MAGDALENE is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Fines Road | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fines Road |
| Mar 2024 | Anti-social behaviour | On or near Highsteads | |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Highsteads |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Highsteads |