£477,635
This estimated value is based upon the latest sale price for the house of £395,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £395,000 | 31 Jul 2020 |
| £240,000 | 25 May 2007 |
| £93,500 | 22 Jun 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 July 2020 the House Price Index for DURHAM was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £395,000 results in an estimated price of approximately £477,635.
| 31 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £395,000 | £82,635 | £477,635 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -29.964 % | £-118,358 | £276,641 |
| 3 Month Average | 23.593 % | £93,190 | £488,190 |
| 6 Month Average | 16.823 % | £66,451 | £461,451 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £117,048 | £115,000 | 9 FINCHALE VIEW |
| 23 Jun 2023 | £136,655 | £135,000 | 26 FINCHALE VIEW |
| 21 Jun 2023 | £119,953 | £118,500 | 33 FINCHALE VIEW |
| 26 Jan 2023 | £139,344 | £140,000 | 27 FINCHALE VIEW |
| 24 Aug 2022 | £199,463 | £200,000 | IVY HOUSE STATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crescent |
| Mar 2024 | Public order | Under investigation | On or near The Crescent |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Crescent |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near The Crescent |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Adventure Lane |