£82,950
This estimated value is based upon the latest sale price for the house of £60,000 on 18 Jan 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £60,000 | 18 Jan 2016 |
| Semi-Detached |
| 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 January 2016 the House Price Index for COUNTY DURHAM was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £60,000 results in an estimated price of approximately £82,950.
| 18 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £60,000 | £22,950 | £82,950 |
The Postcode Pricing Model uses changes in average sales price within the TS27 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 | 55.824 % | £33,494 | £93,494 |
| 3 Month Average | -2.544 % | £-1,526 | £58,473 |
| 6 Month Average | -9.581 % | £-5,748 | £54,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2024 | £85,500 | £85,500 | 33 HILLCREST PLACE |
| 14 May 2024 | £37,500 | £37,500 | 33 FRONT STREET |
| 15 Mar 2024 | £109,685 | £108,000 | 5 SYCAMORE DRIVE |
| 8 Dec 2023 | £83,568 | £81,000 | 1 HAZEL DRIVE |
| 16 Oct 2023 | £32,232 | £31,500 | METHODIST CHURCH FRONT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hillcrest Place |
| Aug 2024 | Anti-social behaviour | On or near Hillcrest Place | |
| Aug 2024 | Anti-social behaviour | On or near Hillcrest Place | |
| Aug 2024 | Anti-social behaviour | On or near Hillcrest Place | |
| Aug 2024 | Public order | Awaiting court outcome | On or near Front Street |