£767,869
This estimated value is based upon the latest sale price for the house of £150,000 on 1 Jul 1997. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £150,000 | 1 Jul 1997 |
| 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 1997 the House Price Index for DURHAM was 29.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 411.913%.Applying this 411.913% change to the original purchase price of £150,000 results in an estimated price of approximately £767,869.
| 1 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 149.7 | 411.913 % | £150,000 | £617,869 | £767,869 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | 152.801 % | £229,201 | £379,201 |
| 3 Month Average | 164.820 % | £247,229 | £397,229 |
| 6 Month Average | 170.535 % | £255,802 | £405,802 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £82,536 | £80,000 | 15 PROSPECT STREET |
| 3 Nov 2023 | £70,284 | £68,500 | 28 CESTRIAN COURT NEWCASTLE ROAD |
| 27 Sep 2023 | £132,930 | £130,000 | 46 CESTRIAN COURT NEWCASTLE ROAD |
| 22 Sep 2023 | £148,217 | £144,950 | 4 HILLSIDE |
| 18 Sep 2023 | £107,367 | £105,000 | 40 CESTRIAN COURT NEWCASTLE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Anti-social behaviour | On or near Parking Area | |
| Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |