£766,003
This estimated value is based upon the latest sale price for the house of £125,000 on 28 Jun 2024. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £125,000 | 28 Jun 2024 |
| £87,000 | 9 Feb 2018 |
| £90,000 | 21 Oct 2005 |
| £19,217 | 29 Sep 2000 |
| 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 2024 the House Price Index for DURHAM was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £125,000 results in an estimated price of approximately £766,003.
| 28 Jun 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £125,000 | £641,003 | £766,003 |
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 | 21.048 % | £26,310 | £151,310 |
| 3 Month Average | 32.771 % | £40,963 | £165,963 |
| 6 Month Average | -1.798 % | £-2,247 | £122,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2024 | £105,000 | £105,000 | 2 - 3 WHELDON TERRACE |
| 12 Mar 2024 | £137,107 | £135,000 | 28 FIELDSIDE |
| 27 Nov 2023 | £128,256 | £125,000 | 4A FRONT STREET |
| 19 Oct 2023 | £94,138 | £92,000 | 28 THE AVENUE |
| 29 Sep 2023 | £81,803 | £80,000 | 4 CONSTANCE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Ernest Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Ernest Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Ernest Street |
| Sep 2024 | Other crime | Further investigation is not in the public interest | On or near Ernest Street |
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Ernest Street |