£79,511
This estimated value is based upon the latest sale price for the house of £46,000 on 8 Aug 2011. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £46,000 | 8 Aug 2011 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 August 2011 the House Price Index for COUNTY DURHAM was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £46,000 results in an estimated price of approximately £79,511.
| 8 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £46,000 | £33,511 | £79,511 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | -15.379 % | £-7,074 | £38,925 |
| 3 Month Average | -6.957 % | £-3,200 | £42,799 |
| 6 Month Average | 1.620 % | £745 | £46,745 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £66,000 | £66,000 | 107 BYERLEY ROAD |
| 1 Dec 2023 | £50,890 | £50,000 | 29 LAMBTON STREET |
| 10 Nov 2023 | £62,932 | £62,000 | 31 BYERLEY ROAD |
| 28 Sep 2023 | £56,725 | £56,000 | 17 REGENT STREET |
| 28 Jul 2023 | £49,668 | £49,000 | 3 LAMBTON STREET |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 15 Apr 2010. Using an estimated price of £79,511 means this house is valued at £845 per sq meter (£78 per sq foot).
The average size of a house on BYERLEY ROAD is 101 sq meters (1,093 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lambton Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lambton Street |
| Mar 2024 | Other crime | Under investigation | On or near Ruby Street |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Braithwaite Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Braithwaite Street |