£334,071
This estimated value is based upon the latest sale price for the house of £103,000 on 26 Oct 2001. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £103,000 | 26 Oct 2001 |
| 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 £103,000 results in an estimated price of approximately £334,071.
| 26 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £103,000 | £231,071 | £334,071 |
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 | 24.356 % | £25,087 | £128,087 |
| 3 Month Average | 67.960 % | £69,998 | £172,998 |
| 6 Month Average | 75.102 % | £77,355 | £180,355 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £315,712 | £312,950 | 61 BERWICK CHASE |
| 23 May 2022 | £287,925 | £282,500 | 4 NAWORTH COURT |
| 9 Feb 2022 | £110,113 | £105,000 | 23 SEVERN CLOSE |
| 4 Jan 2022 | £271,521 | £258,000 | 21 NORHAM DRIVE |
| 17 Dec 2021 | £208,919 | £195,000 | 3 NAWORTH COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Norham Drive |
| Feb 2024 | Other crime | Under investigation | On or near Elsdon Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elsdon Close |
| Feb 2024 | Anti-social behaviour | On or near Waveney Road | |
| Feb 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near Waveney Road |