£282,384
This estimated value is based upon the latest sale price for the house of £225,000 on 12 Jan 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £225,000 | 12 Jan 2018 |
| £194,000 | 25 May 2007 |
| Semi-Detached |
| 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 January 2018 the House Price Index for DURHAM was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £225,000 results in an estimated price of approximately £282,384.
| 12 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £225,000 | £57,384 | £282,384 |
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 | 15.957 % | £35,902 | £260,902 |
| 3 Month Average | 17.870 % | £40,207 | £265,207 |
| 6 Month Average | 12.194 % | £27,437 | £252,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £268,982 | £265,000 | 4 MELDON WAY |
| 20 Sep 2023 | £334,274 | £330,000 | 15 MITFORD CLOSE |
| 21 Jul 2023 | £259,492 | £256,000 | 9 LANGTON LEA |
| 5 Aug 2022 | £224,396 | £225,000 | 6 ANCROFT GARTH |
| 5 Apr 2022 | £386,175 | £375,000 | 21 MELDON WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Quality Street |
| Jan 2024 | Anti-social behaviour | On or near Apperley Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Apperley Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Apperley Avenue | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High Street |