£72,478
This estimated value is based upon the latest sale price for the house of £42,500 on 16 May 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £42,500 | 16 May 2012 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in May 2012 the House Price Index for COUNTY DURHAM was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £42,500 results in an estimated price of approximately £72,478.
| 16 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £42,500 | £29,978 | £72,478 |
The Postcode Pricing Model uses changes in average sales price within the DH7 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 | 10.665 % | £4,532 | £47,032 |
| 3 Month Average | 27.813 % | £11,820 | £54,320 |
| 6 Month Average | 38.437 % | £16,335 | £58,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £132,315 | £130,000 | 3 CROSSWAYS |
| 29 Sep 2023 | £58,751 | £58,000 | 15 EAST CLERE |
| 14 Sep 2023 | £68,881 | £68,000 | 62 EAST CLERE |
| 24 Jul 2023 | £98,323 | £97,000 | 7 EAST CLERE |
| 23 Jun 2023 | £108,312 | £107,000 | 8 SPRINGWELL AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near East Clere |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Clere |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near East Clere |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Vehicle crime | Awaiting court outcome | On or near Parking Area |