£44,847
This estimated value is based upon the latest sale price for the house of £45,000 on 28 Apr 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £45,000 | 28 Apr 2023 |
| £39,999 | 16 Feb 2017 |
| £23,000 | 28 Oct 2016 |
| £25,000 | 2 Sep 2016 |
| £40,500 | 22 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 April 2023 the House Price Index for COUNTY DURHAM was 147.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.340%.Applying this -0.340% change to the original purchase price of £45,000 results in an estimated price of approximately £44,847.
| 28 Apr 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 146.7 | -0.340 % | £45,000 | £-152 | £44,847 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | 26.056 % | £11,725 | £56,725 |
| 3 Month Average | -16.524 % | £-7,435 | £37,564 |
| 6 Month Average | -2.137 % | £-961 | £44,038 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 9 May 2016.
There is one other house on the street which we know the size of, this is 5 SIEMENS STREET it is 98.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Neale Street | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Neale Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Neale Street |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Neale Street |