£54,390
This estimated value is based upon the latest sale price for the house of £44,000 on 15 May 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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Price Paid | Date |
---|---|
£44,000 | 15 May 2019 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 2019 the House Price Index for COUNTY DURHAM was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £44,000 results in an estimated price of approximately £54,390.
15 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.614 % | £44,000 | £10,390 | £54,390 |
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 | 5.087 % | £2,238 | £46,238 |
3 Month Average | -19.497 % | £-8,578 | £35,421 |
6 Month Average | 4.136 % | £1,819 | £45,819 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £51,625 | £51,000 | 20 SEAHAM STREET |
20 Jan 2023 | £64,695 | £65,000 | 49 LONGNEWTON STREET |
17 Nov 2022 | £150,181 | £152,000 | 51B MOUNT STEWART STREET |
17 Nov 2022 | £150,181 | £152,000 | DAWDON MINERS HALL MOUNT STEWART STREET |
19 Jul 2022 | £95,256 | £95,000 | 4 MOUNT STEWART STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 9 Sep 2021. Using an estimated price of £54,390 means this house is valued at £697 per sq meter (£64 per sq foot).
The average size of a house on LONGNEWTON STREET is 96 sq meters (1,040 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Unable to prosecute suspect | On or near Mount Stewart Street |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Stewart Street |
Dec 2023 | Public order | Unable to prosecute suspect | On or near Mount Stewart Street |
Mar 2024 | Anti-social behaviour | On or near King Edward Road | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near King Edward Road |