£157,305
This estimated value is based upon the latest sale price for the house of £48,500 on 3 Oct 2001. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £48,500 | 3 Oct 2001 |
| £24,000 | 28 Jan 2000 |
| 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 October 2001 the House Price Index for DURHAM was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £48,500 results in an estimated price of approximately £157,305.
| 3 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £48,500 | £108,805 | £157,305 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 203.465 % | £98,680 | £147,180 |
| 3 Month Average | 224.286 % | £108,778 | £157,278 |
| 6 Month Average | 197.429 % | £95,753 | £144,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £91,302 | £89,950 | 215 THE AVENUE |
| 11 Aug 2023 | £89,281 | £88,500 | 41 EASTLEA CRESCENT |
| 20 Mar 2023 | £77,732 | £77,000 | 17 EASTLEA CRESCENT |
| 28 Feb 2023 | £74,950 | £75,000 | 184 THE AVENUE |
| 27 Feb 2023 | £77,948 | £78,000 | 186 THE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Eastlea Crescent | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malvern Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Saturn Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Saturn Street |
| Feb 2024 | Anti-social behaviour | On or near Topaz Street |