£121,574
This estimated value is based upon the latest sale price for the house of £64,000 on 8 Dec 2004. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £64,000 | 8 Dec 2004 |
| 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 December 2004 the House Price Index for DURHAM was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £64,000 results in an estimated price of approximately £121,574.
| 8 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 149.7 | 89.960 % | £64,000 | £57,574 | £121,574 |
The Postcode Pricing Model uses changes in average sales price within the DL5 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 | 2.649 % | £1,695 | £65,695 |
| 3 Month Average | 34.206 % | £21,891 | £85,891 |
| 6 Month Average | 26.034 % | £16,661 | £80,661 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £60,936 | £60,000 | 66 GUTHRUM PLACE |
| 31 Oct 2023 | £53,208 | £52,000 | 133 BROCKETT CLOSE |
| 2 Jun 2023 | £56,125 | £55,000 | 136 BROCKETT CLOSE |
| 24 Feb 2023 | £70,471 | £70,000 | 78 BATES CLOSE |
| 2 Feb 2023 | £57,775 | £57,389 | 52 OSBERT PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burn Lane |
| Jun 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Burn Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burn Lane |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burn Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burn Lane |