£451,767
This estimated value is based upon the latest sale price for the house of £265,000 on 16 Nov 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
There has been one burglary within the last year on or near Smithfield
More crime details
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| Price Paid | Date |
|---|---|
| £265,000 | 16 Nov 2012 |
| £112,450 | 3 Sep 1999 |
| 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 November 2012 the House Price Index for COUNTY DURHAM was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £265,000 results in an estimated price of approximately £451,767.
| 16 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 149.7 | 70.478 % | £265,000 | £186,767 | £451,767 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 21.971 % | £58,224 | £323,224 |
| 3 Month Average | 28.739 % | £76,159 | £341,159 |
| 6 Month Average | 27.761 % | £73,567 | £338,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £111,716 | £110,000 | 72 FRONT STREET |
| 15 Dec 2023 | £128,963 | £125,000 | 13 PAXTON COURT FRONT STREET |
| 15 Dec 2023 | £299,194 | £290,000 | 12 SMITHFIELD |
| 13 Oct 2023 | £214,880 | £210,000 | 16 PAXTON MEWS |
| 29 Sep 2023 | £224,959 | £220,000 | 18 PAXTON MEWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Awaiting court outcome | On or near Smithfield |
| Sep 2024 | Anti-social behaviour | On or near Smithfield | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Smithfield |
| Sep 2024 | Anti-social behaviour | On or near Smithfield | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Smithfield |