£32,699
This estimated value is based upon the latest sale price for the house of £7,500 on 8 Jun 1999. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £7,500 | 8 Jun 1999 |
| 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 1999 the House Price Index for DURHAM was 33.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 335.995%.Applying this 335.995% change to the original purchase price of £7,500 results in an estimated price of approximately £32,699.
| 8 Jun 1999 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 148.0 | 335.995 % | £7,500 | £25,199 | £32,699 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | 204.683 % | £15,351 | £22,851 |
| 3 Month Average | 118.532 % | £8,889 | £16,389 |
| 6 Month Average | 131.874 % | £9,890 | £17,390 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £63,200 | £63,200 | 56 REDWORTH ROAD |
| 12 Dec 2023 | £89,697 | £88,000 | 13 PEARS TERRACE |
| 7 Dec 2023 | £40,262 | £39,500 | 30 VICTORIA STREET |
| 13 Nov 2023 | £79,521 | £78,500 | 17 VICTORIA STREET |
| 28 Jul 2023 | £85,812 | £85,000 | 3 WINDSOR COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Station Street |
| Apr 2024 | Anti-social behaviour | On or near Station Street | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Station Street |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Station Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Station Street |