£139,510
This estimated value is based upon the latest sale price for the house of £28,500 on 18 Dec 1997. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £28,500 | 18 Dec 1997 |
| £24,000 | 14 May 1997 |
| Terraced |
| 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 December 1997 the House Price Index for DURHAM was 30.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 389.509%.Applying this 389.509% change to the original purchase price of £28,500 results in an estimated price of approximately £139,510.
| 18 Dec 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 148.6 | 389.509 % | £28,500 | £111,010 | £139,510 |
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 | 106.170 % | £30,258 | £58,758 |
| 3 Month Average | 168.558 % | £48,038 | £76,538 |
| 6 Month Average | 175.194 % | £49,930 | £78,430 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £103,405 | £102,500 | 12 WEST PARADE |
| 11 Aug 2023 | £82,724 | £82,000 | 17 FORSTER STREET |
| 24 Apr 2023 | £75,816 | £75,000 | 50 GILL STREET |
| 11 Jan 2023 | £75,146 | £75,500 | 18 TAYLOR STREET |
| 11 Jan 2023 | £94,555 | £95,000 | 28 WEST PARADE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Gill Street |
| Mar 2024 | Anti-social behaviour | On or near Forster Street | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Railway Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Railway Street |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Railway Street |