£225,901
This estimated value is based upon the latest sale price for the house of £185,000 on 17 Aug 2018. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £185,000 | 17 Aug 2018 |
| £150,000 | 2 Aug 2013 |
| £145,000 | 31 Jan 2007 |
| £75,950 | 2 Mar 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 August 2018 the House Price Index for COUNTY DURHAM was 120.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.109%.Applying this 22.109% change to the original purchase price of £185,000 results in an estimated price of approximately £225,901.
| 17 Aug 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 146.7 | 22.109 % | £185,000 | £40,901 | £225,901 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | -19.333 % | £-35,766 | £149,233 |
| 3 Month Average | 15.903 % | £29,421 | £214,421 |
| 6 Month Average | 26.189 % | £48,448 | £233,448 |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 13 Jun 2012.
The average size of a house on THE TERRACE is 293 sq meters (3,153 sq feet).
This house is the smallest in the street with a floor area of 99 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Derwent Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Street |
| Jan 2024 | Anti-social behaviour | On or near Bridge Island | |
| Jan 2024 | Anti-social behaviour | On or near Bridge Island | |
| Jan 2024 | Anti-social behaviour | On or near Bridge Island |