£139,926
This estimated value is based upon the latest sale price for the house of £37,950 on 6 Oct 2000. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £37,950 | 6 Oct 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 October 2000 the House Price Index for DURHAM was 40.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 268.712%.Applying this 268.712% change to the original purchase price of £37,950 results in an estimated price of approximately £139,926.
| 6 Oct 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.6 | 149.7 | 268.712 % | £37,950 | £101,976 | £139,926 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | 38.742 % | £14,702 | £52,652 |
| 3 Month Average | 74.742 % | £28,364 | £66,314 |
| 6 Month Average | 74.412 % | £28,239 | £66,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £60,000 | £60,000 | 9 RABY AVENUE |
| 15 Mar 2024 | £50,780 | £50,000 | 34 WEST AVENUE |
| 24 Oct 2023 | £74,185 | £72,500 | 5 THE CRESCENT |
| 14 Jun 2023 | £59,186 | £58,000 | 28 GEORGE AVENUE |
| 8 Jun 2023 | £66,839 | £65,500 | 19 RABY AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crescent |
| Jun 2024 | Anti-social behaviour | On or near The Crescent | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Crescent |
| Jun 2024 | Anti-social behaviour | On or near The Crescent | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crescent |