£162,061
This estimated value is based upon the latest sale price for the house of £95,000 on 1 Jul 2011. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £95,000 | 1 Jul 2011 |
| £60,000 | 12 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 656 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 July 2011 the House Price Index for COUNTY DURHAM was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.591%.Applying this 70.591% change to the original purchase price of £95,000 results in an estimated price of approximately £162,061.
| 1 Jul 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.591 % | £95,000 | £67,061 | £162,061 |
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 | 86.406 % | £82,085 | £177,085 |
| 3 Month Average | 53.462 % | £50,788 | £145,788 |
| 6 Month Average | 45.883 % | £43,588 | £138,588 |
This house has a floor area of 60 sq meters or 656 sq feet when measured on 18 Apr 2011.
The average size of a house on DEMESNES is 241 sq meters (2,598 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Priory Yard | |
| Feb 2024 | Anti-social behaviour | On or near Priory Yard | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Old School Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near The Bank |
| Dec 2023 | Anti-social behaviour | On or near The Bank |