£103,103
This estimated value is based upon the latest sale price for the house of £65,000 on 25 Mar 2014. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £65,000 | 25 Mar 2014 |
| £51,000 | 21 Dec 2000 |
| £45,000 | 10 Feb 1995 |
| Semi-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 March 2014 the House Price Index for DURHAM was 63.8.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 58.621%.Applying this 58.621% change to the original purchase price of £65,000 results in an estimated price of approximately £103,103.
| 25 Mar 2014 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.8 | 101.2 | 58.621 % | £65,000 | £38,103 | £103,103 |
The Postcode Pricing Model uses changes in average sales price within the TS28 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 | 14.413 % | £9,368 | £74,368 |
| 3 Month Average | 52.075 % | £33,848 | £98,848 |
| 6 Month Average | 43.025 % | £27,966 | £92,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jan 2025 | £78,000 | £78,000 | 39 MILBANK TERRACE |
| 31 Jul 2024 | £61,395 | £60,000 | HOLMLEIGH MILBANK CHAPEL TERRACE |
| 19 Jul 2024 | £112,558 | £110,000 | 37 DORMAND COURT |
| 21 Dec 2023 | £143,827 | £138,000 | 5 RODRIDGE PARK |
| 14 Dec 2023 | £79,470 | £76,250 | 5 CHURCH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Criminal damage and arson | Under investigation | On or near Front Street |
| Dec 2024 | Drugs | Unable to prosecute suspect | On or near Front Street |
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Front Street |
| Oct 2024 | Anti-social behaviour | On or near Front Street | |
| Oct 2024 | Anti-social behaviour | On or near Front Street |