£247,846
This estimated value is based upon the latest sale price for the house of £230,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £230,000 | 30 Sep 2021 |
| 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 September 2021 the House Price Index for COUNTY DURHAM was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £230,000 results in an estimated price of approximately £247,846.
| 30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £230,000 | £17,846 | £247,846 |
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 | -33.613 % | £-77,310 | £152,689 |
| 3 Month Average | -17.939 % | £-41,259 | £188,740 |
| 6 Month Average | -9.359 % | £-21,526 | £208,473 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £47,706 | £47,000 | 9 DAVIES WALK |
| 3 Aug 2023 | £75,662 | £75,000 | 6 MORPETH STREET |
| 17 Jul 2023 | £91,177 | £89,950 | 1 ROTHLEY AVENUE |
| 14 Jan 2022 | £49,463 | £47,000 | 1 SOUTH CRESCENT |
| 7 Jan 2022 | £63,144 | £60,000 | 8 BELSAY AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bruce Kirkup Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Bruce Kirkup Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bruce Kirkup Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Sports/Recreation Area |