£306,577
This estimated value is based upon the latest sale price for the house of £180,000 on 20 Sep 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £180,000 | 20 Sep 2006 |
| 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 September 2006 the House Price Index for DURHAM was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £180,000 results in an estimated price of approximately £306,577.
| 20 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £180,000 | £126,577 | £306,577 |
The Postcode Pricing Model uses changes in average sales price within the DH6 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 | -15.109 % | £-27,196 | £152,803 |
| 3 Month Average | -4.617 % | £-8,309 | £171,690 |
| 6 Month Average | -5.673 % | £-10,212 | £169,787 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £272,383 | £270,000 | 24 RAILWAY CLOSE |
| 30 Jun 2023 | £240,918 | £238,000 | 23 ST MARYS DRIVE |
| 27 Jun 2023 | £227,759 | £225,000 | 36 RAILWAY CLOSE |
| 17 Mar 2023 | £232,188 | £230,000 | 25 ST MARYS DRIVE |
| 7 Mar 2023 | £97,923 | £97,000 | 9 SHERBURN STATION |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Railway Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Mary'S Drive |
| Jan 2024 | Drugs | Offender given a caution | On or near St Mary'S Drive |
| Feb 2024 | Anti-social behaviour | On or near Stanley Close | |
| Feb 2024 | Anti-social behaviour | On or near Stanley Close |