£285,920
This estimated value is based upon the latest sale price for the house of £134,950 on 20 Feb 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £134,950 | 20 Feb 2004 |
| £83,500 | 4 Jul 2003 |
| 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 February 2004 the House Price Index for DURHAM was 70.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 111.871%.Applying this 111.871% change to the original purchase price of £134,950 results in an estimated price of approximately £285,920.
| 20 Feb 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 148.6 | 111.871 % | £134,950 | £150,970 | £285,920 |
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 | 92.962 % | £125,452 | £260,402 |
| 3 Month Average | 58.076 % | £78,373 | £213,323 |
| 6 Month Average | 52.518 % | £70,873 | £205,823 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2023 | £212,575 | £210,000 | 59 WESTMORLAND WAY |
| 2 Jun 2023 | £55,674 | £55,000 | 136 BROCKETT CLOSE |
| 8 Mar 2023 | £85,808 | £85,000 | 16 WEBB CLOSE |
| 27 Jan 2023 | £46,680 | £46,900 | 176 BROCKETT CLOSE |
| 27 Jan 2023 | £210,011 | £211,000 | 53 WESTMORLAND WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Whiteley Grove | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Westmorland Way |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Brockett Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bertie Road |