£49,060
This estimated value is based upon the latest sale price for the house of £39,950 on 18 Jun 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £39,950 | 18 Jun 2018 |
| £60,000 | 17 May 2013 |
| £45,000 | 19 Nov 2010 |
| £85,000 | 29 Jun 2007 |
| £69,000 | 12 Aug 2005 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 June 2018 the House Price Index for COUNTY DURHAM was 119.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.804%.Applying this 22.804% change to the original purchase price of £39,950 results in an estimated price of approximately £49,060.
| 18 Jun 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 146.7 | 22.804 % | £39,950 | £9,110 | £49,060 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 99.686 % | £39,824 | £79,774 |
| 3 Month Average | -3.329 % | £-1,329 | £38,620 |
| 6 Month Average | 9.415 % | £3,761 | £43,711 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 28 Jan 2020.
The average size of a house on DERWENT TERRACE is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Awaiting court outcome | On or near Derwent Terrace |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near St Andrew'S Lane |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Andrew'S Lane |