£46,867
This estimated value is based upon the latest sale price for the house of £28,000 on 25 Mar 2013. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Third Street
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Price Paid | Date |
---|---|
£28,000 | 25 Mar 2013 |
£69,000 | 9 Jun 2003 |
£15,000 | 15 Feb 2001 |
£13,000 | 31 Jan 2001 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,033 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 March 2013 the House Price Index for COUNTY DURHAM was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £28,000 results in an estimated price of approximately £46,867.
25 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 148.6 | 67.384 % | £28,000 | £18,867 | £46,867 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -12.034 % | £-3,369 | £24,630 |
3 Month Average | -11.407 % | £-3,193 | £24,806 |
6 Month Average | -5.902 % | £-1,652 | £26,347 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £60,902 | £60,000 | 79 THIRD STREET |
17 Aug 2023 | £38,335 | £38,000 | 43 FIFTH STREET |
31 Jul 2023 | £25,341 | £25,000 | 58 FIFTH STREET |
31 Jul 2023 | £30,409 | £30,000 | 79 FIFTH STREET |
24 Jul 2023 | £40,541 | £39,995 | 78 FIFTH STREET |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 13 Jul 2014. Using an estimated price of £46,868 means this house is valued at £488 per sq meter (£45 per sq foot).
The average size of a house on THIRD STREET is 105 sq meters (1,130 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Third Street |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Third Street |
Feb 2024 | Anti-social behaviour | On or near Ocean View | |
Feb 2024 | Anti-social behaviour | On or near Ocean View | |
Feb 2024 | Anti-social behaviour | On or near Ocean View |