£182,518
This estimated value is based upon the latest sale price for the house of £60,000 on 19 Mar 2002. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £60,000 | 19 Mar 2002 |
| £53,500 | 29 Aug 1997 |
| £33,500 | 12 Jul 1996 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in March 2002 the House Price Index for DURHAM was 49.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 204.197%.Applying this 204.197% change to the original purchase price of £60,000 results in an estimated price of approximately £182,518.
| 19 Mar 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 149.7 | 204.197 % | £60,000 | £122,518 | £182,518 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | 155.164 % | £93,098 | £153,098 |
| 3 Month Average | 110.539 % | £66,323 | £126,323 |
| 6 Month Average | 89.940 % | £53,964 | £113,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £133,386 | £130,000 | 78 MAYFIELDS |
| 17 Aug 2023 | £122,204 | £120,000 | 40 MAYFIELDS |
| 14 Feb 2023 | £149,247 | £148,250 | 38 MAYFIELDS |
| 2 Aug 2022 | £148,193 | £147,500 | 5 GRASMERE |
| 29 Apr 2022 | £152,501 | £147,000 | 37 MAYFIELDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Carr Lane |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Carr Lane |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Carr Lane |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Mayfields |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Farndale |