£155,766
This estimated value is based upon the latest sale price for the house of £82,000 on 14 Dec 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£82,000 | 14 Dec 2004 |
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 December 2004 the House Price Index for DURHAM was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £82,000 results in an estimated price of approximately £155,766.
14 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.8 | 149.7 | 89.960 % | £82,000 | £73,766 | £155,766 |
The Postcode Pricing Model uses changes in average sales price within the DL16 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 | -18.274 % | £-14,984 | £67,015 |
3 Month Average | 23.392 % | £19,181 | £101,181 |
6 Month Average | 15.051 % | £12,341 | £94,341 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Oct 2023 | £107,440 | £105,000 | 83 FRONT STREET |
18 Sep 2023 | £166,163 | £162,500 | 58 ATTWOOD TERRACE |
28 Apr 2023 | £78,468 | £77,000 | 1 FRONT STREET |
17 Mar 2023 | £137,293 | £135,000 | 51 ATTWOOD TERRACE |
19 Aug 2022 | £85,349 | £84,950 | 6 FRONT STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Front Street |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Front Street |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Front Street |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Front Street |
Jun 2024 | Anti-social behaviour | On or near Oval Park |