£152,963
This estimated value is based upon the latest sale price for the house of £127,000 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £127,000 | 6 Mar 2020 |
| £127,000 | 6 Mar 2020 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 2020 the House Price Index for COUNTY DURHAM was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £127,000 results in an estimated price of approximately £152,963.
| 6 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £127,000 | £25,963 | £152,963 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 26.561 % | £33,732 | £160,732 |
| 3 Month Average | -25.621 % | £-32,539 | £94,460 |
| 6 Month Average | 3.042 % | £3,863 | £130,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2023 | £78,237 | £77,500 | 17 POLEMARCH STREET |
| 21 Nov 2022 | £39,521 | £40,000 | 86 PRINCESS ROAD |
| 28 Sep 2022 | £94,239 | £95,000 | 102 PRINCESS ROAD |
| 27 May 2022 | £130,458 | £128,000 | 118 PRINCESS ROAD |
| 25 Mar 2022 | £129,533 | £125,000 | 5 ASHCROFT MEWS |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 9 Jan 2016. Using an estimated price of £152,963 means this house is valued at £950 per sq meter (£88 per sq foot).
The average size of a house on PRINCESS ROAD is 112 sq meters (1,210 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Princess Road |
| Jan 2024 | Anti-social behaviour | On or near Princess Road | |
| Jan 2024 | Anti-social behaviour | On or near Princess Road | |
| Jan 2024 | Anti-social behaviour | On or near Princess Road | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Princess Road |