£162,200
This estimated value is based upon the latest sale price for the house of £35,000 on 27 Nov 1998. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £35,000 | 27 Nov 1998 |
| 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 November 1998 the House Price Index for DURHAM was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.431%.Applying this 363.431% change to the original purchase price of £35,000 results in an estimated price of approximately £162,200.
| 27 Nov 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.431 % | £35,000 | £127,200 | £162,200 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | -37.236 % | £-13,032 | £21,967 |
| 3 Month Average | 143.883 % | £50,359 | £85,359 |
| 6 Month Average | 169.793 % | £59,427 | £94,427 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £37,556 | £37,000 | 47 PINE STREET |
| 8 Sep 2023 | £48,622 | £48,000 | 34 ALBERT STREET |
| 25 Aug 2023 | £90,794 | £90,000 | GRANGE VILLA CARS FRONT STREET |
| 13 Jul 2023 | £56,764 | £56,000 | 31 WEST STREET |
| 28 Jun 2023 | £31,380 | £31,000 | 41 PINE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Pelton Lane |
| Feb 2024 | Public order | Awaiting court outcome | On or near Pelton Lane |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Pelton Lane |
| Feb 2024 | Public order | Awaiting court outcome | On or near Pelton Lane |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Pelton Lane |