£46,374
This estimated value is based upon the latest sale price for the house of £40,000 on 11 Nov 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £40,000 | 11 Nov 2020 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 November 2020 the House Price Index for COUNTY DURHAM was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £40,000 results in an estimated price of approximately £46,374.
| 11 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £40,000 | £6,374 | £46,374 |
The Postcode Pricing Model uses changes in average sales price within the TS29 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 | -10.487 % | £-4,194 | £35,805 |
| 3 Month Average | -35.504 % | £-14,201 | £25,798 |
| 6 Month Average | -2.476 % | £-990 | £39,009 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £34,000 | £34,000 | 8 STATION ROAD WEST |
| 30 Nov 2023 | £75,620 | £74,500 | 62 STATION ROAD EAST |
| 30 Nov 2023 | £75,620 | £74,500 | 62A STATION ROAD EAST |
| 1 Sep 2023 | £182,331 | £180,000 | GWENNAP HOUSE THORNLEY ROAD |
| 10 Aug 2023 | £30,265 | £30,000 | 57 STATION ROAD EAST |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 10 Oct 2019. Using an estimated price of £46,374 means this house is valued at £747 per sq meter (£69 per sq foot).
The average size of a house on TOBIN STREET is 67 sq meters (721 sq feet).
This house is the largest in the street with a floor area of 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairlawns Close |
| Apr 2024 | Anti-social behaviour | On or near Fairlawns Close | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairlawns Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairlawns Close |
| Mar 2024 | Other crime | Further investigation is not in the public interest | On or near Fairlawns Close |