£153,412
This estimated value is based upon the latest sale price for the house of £118,000 on 10 Feb 2017. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £118,000 | 10 Feb 2017 |
| £47,000 | 27 Oct 2000 |
| £45,000 | 10 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 127 sq meters or 1,367 sq feet |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in February 2017 the House Price Index for DURHAM was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £118,000 results in an estimated price of approximately £153,412.
| 10 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £118,000 | £35,412 | £153,412 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 45.207 % | £53,343 | £171,343 |
| 3 Month Average | 23.383 % | £27,591 | £145,591 |
| 6 Month Average | 10.610 % | £12,519 | £130,519 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £80,187 | £79,000 | 74 BISCOP CRESCENT |
| 12 Jun 2023 | £399,843 | £395,000 | FIRST FLOOR AVENUE HOUSE GREENWELL ROAD |
| 9 Jun 2023 | £118,435 | £117,000 | 8 CENTRAL AVENUE |
| 27 Feb 2023 | £44,970 | £45,000 | 43 HATFIELD ROAD |
| 17 Feb 2023 | £94,936 | £95,000 | 20 HEILD CLOSE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 9 Aug 2016. Using an estimated price of £153,413 means this house is valued at £1,207 per sq meter (£112 per sq foot).
The average size of a house on BISCOP CRESCENT is 82 sq meters (890 sq feet).
This house is the largest in the street with a floor area of 127 sq meters (1,367 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Supermarket | |
| Mar 2024 | Anti-social behaviour | On or near Supermarket | |
| Mar 2024 | Other theft | Under investigation | On or near Supermarket |
| Mar 2024 | Anti-social behaviour | On or near Supermarket | |
| Mar 2024 | Anti-social behaviour | On or near Supermarket |