£53,512
This estimated value is based upon the latest sale price for the house of £52,500 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £52,500 | 15 Dec 2023 |
| 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 December 2023 the House Price Index for COUNTY DURHAM was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £52,500 results in an estimated price of approximately £53,512.
| 15 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.2 | 148.0 | 1.928 % | £52,500 | £1,012 | £53,512 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -50.579 % | £-26,554 | £25,945 |
| 3 Month Average | -0.794 % | £-416 | £52,083 |
| 6 Month Average | 0.403 % | £211 | £52,711 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £78,264 | £78,000 | 4 SOUTH CORONATION STREET |
| 15 Dec 2023 | £53,512 | £52,500 | 1 EAST ELLEN STREET |
| 24 Jul 2023 | £51,487 | £51,000 | 11 WARNEBROOKE AVENUE |
| 17 Jul 2023 | £88,336 | £87,500 | 5 MORTON CLOSE |
| 9 Jun 2023 | £136,104 | £135,000 | 16 - 17 WOODS TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cookson Terrace |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cookson Terrace |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cookson Terrace |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cookson Terrace |
| Jan 2024 | Anti-social behaviour | On or near Cookson Terrace |