£65,769
This estimated value is based upon the latest sale price for the house of £44,500 on 31 Oct 2014. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £44,500 | 31 Oct 2014 |
| £23,000 | 30 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 October 2014 the House Price Index for DURHAM was 99.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.796%.Applying this 47.796% change to the original purchase price of £44,500 results in an estimated price of approximately £65,769.
| 31 Oct 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 146.7 | 47.796 % | £44,500 | £21,269 | £65,769 |
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 | 87.819 % | £39,079 | £83,579 |
| 3 Month Average | -12.125 % | £-5,395 | £39,104 |
| 6 Month Average | -0.579 % | £-257 | £44,242 |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 21 Oct 2021.
The average size of a house on KING STREET is 75 sq meters (809 sq feet).
This house is the largest in the street with a floor area of 146 sq meters (1,571 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Further investigation is not in the public interest | On or near Armoury Street |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Armoury Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Armoury Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near King Street |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near King Street |