£252,129
This estimated value is based upon the latest sale price for the house of £226,000 on 27 Aug 2021. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £226,000 | 27 Aug 2021 |
| £210,000 | 20 Aug 2014 |
| £249,950 | 23 Jun 2006 |
| £68,000 | 21 Feb 1997 |
| 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 August 2021 the House Price Index for DURHAM was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £226,000 results in an estimated price of approximately £252,129.
| 27 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £226,000 | £26,129 | £252,129 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | 30.171 % | £68,187 | £294,187 |
| 3 Month Average | -5.234 % | £-11,828 | £214,171 |
| 6 Month Average | 5.555 % | £12,555 | £238,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £709,066 | £700,000 | 26 STATION ROAD |
| 30 Jun 2023 | £192,330 | £190,000 | 3 STATION COTTAGES |
| 16 Jun 2023 | £480,824 | £475,000 | 14 BIRCHWOOD CLOSE |
| 11 Apr 2023 | £414,463 | £410,000 | CEDAR LODGE |
| 31 Mar 2023 | £250,359 | £248,000 | 4 STATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Birchwood Close | |
| Feb 2024 | Anti-social behaviour | On or near Birchwood Close | |
| Feb 2024 | Anti-social behaviour | On or near Hammer Square Bank | |
| Feb 2024 | Anti-social behaviour | On or near Hammer Square Bank | |
| Feb 2024 | Anti-social behaviour | On or near Francis Street |