£92,469
This estimated value is based upon the latest sale price for the house of £85,500 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £85,500 | 19 Nov 2021 |
| £59,950 | 14 Oct 2011 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2021 the House Price Index for COUNTY DURHAM was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £85,500 results in an estimated price of approximately £92,469.
| 19 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £85,500 | £6,969 | £92,469 |
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 | -9.966 % | £-8,521 | £76,978 |
| 3 Month Average | -17.265 % | £-14,761 | £70,738 |
| 6 Month Average | -7.038 % | £-6,017 | £79,482 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £50,000 | £50,000 | 34 WEST AVENUE |
| 8 Jun 2023 | £66,303 | £65,500 | 19 RABY AVENUE |
| 28 Apr 2023 | £34,370 | £34,000 | 38 RABY AVENUE |
| 25 Apr 2023 | £50,544 | £50,000 | 43 DENE AVENUE |
| 24 Mar 2023 | £37,503 | £37,150 | 42 RABY AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 29 Jul 2021. Using an estimated price of £92,469 means this house is valued at £889 per sq meter (£82 per sq foot).
The average size of a house on WEST AVENUE is 83 sq meters (899 sq feet).
This house is the largest in the street with a floor area of 104 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near The Crescent |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Thomas Street |
| Feb 2024 | Criminal damage and arson | Offender given a caution | On or near Thomas Street |
| Dec 2023 | Anti-social behaviour | On or near Thomas Street | |
| Dec 2023 | Anti-social behaviour | On or near Thomas Street |