£13,279
This estimated value is based upon the latest sale price for the house of £10,750 on 28 Feb 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£10,750 | 28 Feb 2019 |
£90,000 | 24 Jun 2015 |
£20,500 | 15 Nov 1996 |
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 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 23.527%.Applying this 23.527% change to the original purchase price of £10,750 results in an estimated price of approximately £13,279.
28 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.527 % | £10,750 | £2,529 | £13,279 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -3.673 % | £-394 | £10,355 |
3 Month Average | 3.437 % | £369 | £11,119 |
6 Month Average | 3.640 % | £391 | £11,141 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £58,015 | £57,000 | 11 CHAPEL VIEW |
1 Dec 2023 | £117,048 | £115,000 | 9 FINCHALE VIEW |
7 Nov 2023 | £77,142 | £76,000 | RAINTON GATE METHODIST CHURCH CHAPEL VIEW |
23 Jun 2023 | £136,655 | £135,000 | 26 FINCHALE VIEW |
21 Jun 2023 | £119,953 | £118,500 | 33 FINCHALE VIEW |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crescent |
Mar 2024 | Public order | Under investigation | On or near The Crescent |
Mar 2024 | Public order | Unable to prosecute suspect | On or near The Crescent |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Crescent |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prospect View |