£101,456
This estimated value is based upon the latest sale price for the house of £78,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £78,000 | 25 Nov 2016 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2016 the House Price Index for COUNTY DURHAM was 112.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.073%.Applying this 30.073% change to the original purchase price of £78,000 results in an estimated price of approximately £101,456.
| 25 Nov 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 146.7 | 30.073 % | £78,000 | £23,456 | £101,456 |
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 | 11.717 % | £9,138 | £87,138 |
| 3 Month Average | 10.599 % | £8,267 | £86,267 |
| 6 Month Average | 23.367 % | £18,225 | £96,225 |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 21 Mar 2017.
The average size of a house on PARK AVENUE is 81 sq meters (875 sq feet).
This house is the largest in the street with a floor area of 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Harvey Court |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cobden Street |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Cobden Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Cobden Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cobden Street |