£167,966
This estimated value is based upon the latest sale price for the house of £32,500 on 7 Mar 1997. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £32,500 | 7 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 March 1997 the House Price Index for DURHAM was 28.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 416.819%.Applying this 416.819% change to the original purchase price of £32,500 results in an estimated price of approximately £167,966.
| 7 Mar 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 146.7 | 416.819 % | £32,500 | £135,466 | £167,966 |
The Postcode Pricing Model uses changes in average sales price within the DL12 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 | 349.124 % | £113,465 | £145,965 |
| 3 Month Average | 279.171 % | £90,730 | £123,230 |
| 6 Month Average | 310.505 % | £100,914 | £133,414 |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 30 Jul 2016.
The average size of a house on QUEEN STREET is 92 sq meters (996 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pearson Terrace |
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Ware Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ware Street |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ware Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ware Street |