£108,489
This estimated value is based upon the latest sale price for the house of £19,250 on 29 Feb 1996. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £19,250 | 29 Feb 1996 |
| Flats/Maisonettes |
| Leasehold |
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 February 1996 the House Price Index for DURHAM was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.584%.Applying this 463.584% change to the original purchase price of £19,250 results in an estimated price of approximately £108,489.
| 29 Feb 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.584 % | £19,250 | £89,239 | £108,489 |
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 | 247.909 % | £47,722 | £66,972 |
| 3 Month Average | 222.220 % | £42,777 | £62,027 |
| 6 Month Average | 245.243 % | £47,209 | £66,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £32,988 | £32,500 | 146 GREENWAYS |
| 27 Sep 2023 | £77,997 | £77,000 | 127 BRIARDALE |
| 21 Sep 2023 | £183,851 | £181,500 | 116 GREENWAYS |
| 27 Jul 2023 | £144,647 | £142,700 | 1 COLLEGE VIEW |
| 6 Jul 2023 | £32,437 | £32,000 | 140 GREENWAYS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenmore |
| Mar 2024 | Anti-social behaviour | On or near Greencroft Road | |
| Mar 2024 | Other crime | Under investigation | On or near Lumley Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lumley Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lumley Drive |