£46,805
This estimated value is based upon the latest sale price for the house of £35,500 on 10 Jun 2016. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £35,500 | 10 Jun 2016 |
| £27,500 | 11 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 854 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 June 2016 the House Price Index for DURHAM was 111.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.847%.Applying this 31.847% change to the original purchase price of £35,500 results in an estimated price of approximately £46,805.
| 10 Jun 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 146.7 | 31.847 % | £35,500 | £11,305 | £46,805 |
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 | 2.678 % | £950 | £36,450 |
| 3 Month Average | -5.673 % | £-2,013 | £33,486 |
| 6 Month Average | 15.952 % | £5,663 | £41,163 |
This house has a floor area of 79 sq meters or 854 sq feet when measured on 10 Sep 2009.
The average size of a house on BROOM COTTAGES is 91 sq meters (984 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Kitchener Terrace |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kitchener Terrace |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kitchener Terrace |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Kitchener Terrace |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Kitchener Terrace |