£11,488
This estimated value is based upon the latest sale price for the house of £2,000 on 2 Aug 1995. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £2,000 | 2 Aug 1995 |
| 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 August 1995 the House Price Index for COUNTY DURHAM was 26.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 474.405%.Applying this 474.405% change to the original purchase price of £2,000 results in an estimated price of approximately £11,488.
| 2 Aug 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 149.7 | 474.405 % | £2,000 | £9,488 | £11,488 |
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 | 100.602 % | £2,012 | £4,012 |
| 3 Month Average | 105.423 % | £2,108 | £4,108 |
| 6 Month Average | 103.865 % | £2,077 | £4,077 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £61,563 | £60,000 | 79 THIRD STREET |
| 13 Oct 2023 | £24,660 | £24,100 | 93 THIRD STREET |
| 14 Jun 2023 | £74,493 | £73,000 | 128 THIRD STREET |
| 27 Apr 2023 | £81,525 | £80,000 | 4 BEACH GROVE |
| 24 Mar 2023 | £44,747 | £44,000 | 6 BRAEMAR TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ocean View |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Ocean View |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Edward Cain Court |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edward Cain Court |
| Jul 2024 | Burglary | Under investigation | On or near John Wilson Court |