£231,766
This estimated value is based upon the latest sale price for the house of £145,000 on 29 Jun 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £145,000 | 29 Jun 2007 |
| 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 2007 the House Price Index for DURHAM was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £145,000 results in an estimated price of approximately £231,766.
| 29 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 149.7 | 59.839 % | £145,000 | £86,766 | £231,766 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | 12.928 % | £18,744 | £163,744 |
| 3 Month Average | 6.507 % | £9,435 | £154,435 |
| 6 Month Average | 10.435 % | £15,130 | £160,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £133,335 | £129,950 | 22 GEORGE STREET |
| 22 Sep 2023 | £209,365 | £204,750 | 25 LUMLEY TERRACE |
| 16 Jun 2023 | £122,454 | £120,000 | 14 WELDON TERRACE |
| 28 Apr 2023 | £145,216 | £142,500 | 3 JOLLIFFE STREET |
| 6 Apr 2023 | £119,740 | £117,500 | 3 YORK COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Stanley Terrace |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Weldon Terrace |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Coronation Street |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beverley Gardens |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jolliffe Street |