£317,685
This estimated value is based upon the latest sale price for the house of £195,000 on 18 Jun 2008. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £195,000 | 18 Jun 2008 |
| £175,000 | 17 Jul 2006 |
| Terraced |
| 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 June 2008 the House Price Index for DURHAM was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.916%.Applying this 62.916% change to the original purchase price of £195,000 results in an estimated price of approximately £317,685.
| 18 Jun 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.916 % | £195,000 | £122,685 | £317,685 |
The Postcode Pricing Model uses changes in average sales price within the TS21 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 | 63.613 % | £124,044 | £319,044 |
| 3 Month Average | 33.093 % | £64,531 | £259,531 |
| 6 Month Average | 30.936 % | £60,326 | £255,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2024 | £160,000 | £160,000 | 25 NORTH END |
| 22 Nov 2023 | £143,646 | £140,000 | 14 THE SQUARE |
| 7 Nov 2023 | £266,772 | £260,000 | DORIC HOUSE WEST PARK LANE |
| 3 Nov 2023 | £420,679 | £410,000 | ROOK LODGE WEST PARK LANE |
| 14 Mar 2023 | £228,821 | £225,000 | SNOWDROP COTTAGE, 1 HARDWICK MEWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Park Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Park Lane |
| Aug 2024 | Drugs | Under investigation | On or near West Park Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near West Park Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near West Park Lane |