£129,851
This estimated value is based upon the latest sale price for the house of £105,000 on 18 Apr 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £105,000 | 18 Apr 2019 |
| £60,000 | 31 Jul 2014 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 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 23.668%.Applying this 23.668% change to the original purchase price of £105,000 results in an estimated price of approximately £129,851.
| 18 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £105,000 | £24,851 | £129,851 |
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 | -5.461 % | £-5,734 | £99,265 |
| 3 Month Average | -19.617 % | £-20,598 | £84,401 |
| 6 Month Average | 9.223 % | £9,684 | £114,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £95,838 | £95,000 | 9 COLLING AVENUE |
| 31 Jul 2023 | £81,091 | £80,000 | 36 BETHUNE AVENUE |
| 23 Jun 2023 | £75,920 | £75,000 | 82 BETHUNE AVENUE |
| 16 Jun 2023 | £79,463 | £78,500 | 75 BETHUNE AVENUE |
| 20 Jan 2023 | £134,367 | £135,000 | 96 BETHUNE AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 19 Dec 2016. Using an estimated price of £129,851 means this house is valued at £1,527 per sq meter (£141 per sq foot).
The average size of a house on THE AVENUE is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Portland Avenue |
| Dec 2023 | Other theft | Under investigation | On or near Portland Avenue |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Mar 2024 | Anti-social behaviour | On or near Exeter Avenue |