£64,758
This estimated value is based upon the latest sale price for the house of £60,000 on 20 Dec 2021. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £60,000 | 20 Dec 2021 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in December 2021 the House Price Index for COUNTY DURHAM was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £60,000 results in an estimated price of approximately £64,758.
| 20 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £60,000 | £4,758 | £64,758 |
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 | -38.435 % | £-23,060 | £36,939 |
| 3 Month Average | -5.229 % | £-3,137 | £56,862 |
| 6 Month Average | -7.453 % | £-4,471 | £55,528 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £87,000 | £87,000 | 106 HATFIELD PLACE |
| 17 May 2024 | £163,000 | £163,000 | 17 CHILTON GARTH |
| 1 May 2024 | £65,000 | £65,000 | 85 MANOR WAY |
| 1 Dec 2023 | £57,775 | £56,000 | 63 MANOR WAY |
| 28 Apr 2023 | £73,372 | £72,000 | 5 FULWELL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Chilton Garth |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Chilton Garth |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Heath Close |
| Jul 2024 | Vehicle crime | Under investigation | On or near Dean Close |
| Jul 2024 | Shoplifting | Under investigation | On or near Dean Close |