£37,064
This estimated value is based upon the latest sale price for the house of £30,000 on 26 Jun 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £30,000 | 26 Jun 2019 |
| £12,500 | 27 Jun 2001 |
| 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 June 2019 the House Price Index for DURHAM was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £30,000 results in an estimated price of approximately £37,064.
| 26 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £30,000 | £7,064 | £37,064 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -3.075 % | £-922 | £29,077 |
| 3 Month Average | 2.278 % | £683 | £30,683 |
| 6 Month Average | 7.576 % | £2,272 | £32,272 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £50,840 | £49,950 | 24 ELM TERRACE |
| 13 Sep 2023 | £28,616 | £28,250 | 10 SEYMOUR STREET |
| 24 Mar 2023 | £44,418 | £44,000 | 6 BRAEMAR TERRACE |
| 1 Feb 2023 | £82,944 | £83,000 | 5 ADAM STREET |
| 25 Nov 2022 | £40,509 | £41,000 | 3 BRAEMAR TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Seymour Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Murray Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rogers Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beach Grove |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beach Grove |