£279,855
This estimated value is based upon the latest sale price for the house of £165,000 on 15 Jun 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £165,000 | 15 Jun 2012 |
| Terraced |
| 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 June 2012 the House Price Index for COUNTY DURHAM was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £165,000 results in an estimated price of approximately £279,855.
| 15 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £165,000 | £114,855 | £279,855 |
The Postcode Pricing Model uses changes in average sales price within the DL13 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 | 254.385 % | £419,734 | £584,734 |
| 3 Month Average | 111.427 % | £183,854 | £348,854 |
| 6 Month Average | 68.875 % | £113,643 | £278,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £263,856 | £259,950 | 1 UNION LANE |
| 29 Jun 2023 | £106,287 | £105,000 | 5 DALES TERRACE |
| 9 Mar 2023 | £277,615 | £275,000 | 9 WEARDALE HOUSE |
| 9 Mar 2023 | £153,950 | £152,500 | BEWDLEY HOUSE, 11 DALES TERRACE |
| 3 Jan 2023 | £99,531 | £100,000 | 11 MARTIN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Coronation Avenue |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Front Street |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Front Street |
| Apr 2024 | Public order | Under investigation | On or near The Market Place |
| Apr 2024 | Public order | Under investigation | On or near The Market Place |