£159,044
This estimated value is based upon the latest sale price for the house of £86,000 on 27 May 2005. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near High Street
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| Price Paid | Date |
|---|---|
| £86,000 | 27 May 2005 |
| £34,000 | 27 Nov 1998 |
| £31,000 | 19 Jan 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 May 2005 the House Price Index for DURHAM was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.936%.Applying this 84.936% change to the original purchase price of £86,000 results in an estimated price of approximately £159,044.
| 27 May 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.936 % | £86,000 | £73,044 | £159,044 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 45.171 % | £38,846 | £124,846 |
| 3 Month Average | 20.787 % | £17,876 | £103,876 |
| 6 Month Average | 17.114 % | £14,718 | £100,718 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £290,075 | £285,000 | 1 THE GREEN |
| 29 Sep 2023 | £102,815 | £101,500 | 3 WELL BANK |
| 26 Jun 2023 | £96,165 | £95,000 | 2 THE OLD STATION |
| 21 Jun 2023 | £111,349 | £110,000 | 7 WELL BANK |
| 28 Apr 2023 | £141,524 | £140,000 | 38 ATKINSON GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near High Street |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near High Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oaklea Mews |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oaklea Mews |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oaklea Mews |