£315,211
This estimated value is based upon the latest sale price for the house of £307,000 on 30 May 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £307,000 | 30 May 2022 |
| £192,000 | 25 Nov 2005 |
| £43,000 | 26 Apr 2002 |
| 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 May 2022 the House Price Index for DURHAM was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £307,000 results in an estimated price of approximately £315,211.
| 30 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £307,000 | £8,211 | £315,211 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | -36.685 % | £-112,621 | £194,378 |
| 3 Month Average | -1.593 % | £-4,890 | £302,109 |
| 6 Month Average | -9.708 % | £-29,804 | £277,195 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £225,679 | £219,950 | 7 BUCKINGHAM WALK |
| 22 Sep 2023 | £117,592 | £115,000 | 9 MILLER GARDENS |
| 11 Aug 2023 | £282,852 | £277,750 | 20 BUCKINGHAM WALK |
| 30 May 2022 | £315,212 | £307,000 | 1 USHERS BUILDINGS |
| 23 Jul 2021 | £121,566 | £105,000 | 12 NEW GRANGE TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near William Street |
| Aug 2024 | Burglary | Under investigation | On or near Front Street |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Front Street |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Gatcombe Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckingham Walk |