£93,816
This estimated value is based upon the latest sale price for the house of £60,000 on 14 Dec 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Park Road
More crime details
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| Price Paid | Date |
|---|---|
| £60,000 | 14 Dec 2007 |
| £22,500 | 6 Aug 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 December 2007 the House Price Index for DURHAM was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £60,000 results in an estimated price of approximately £93,816.
| 14 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £60,000 | £33,816 | £93,816 |
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 | -32.616 % | £-19,569 | £40,430 |
| 3 Month Average | -23.674 % | £-14,204 | £45,795 |
| 6 Month Average | -22.044 % | £-13,226 | £46,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £79,005 | £77,000 | 22 NORTHUMBERLAND STREET |
| 25 Oct 2023 | £103,347 | £101,000 | 42 NORTHUMBERLAND STREET |
| 21 Aug 2023 | £77,396 | £76,000 | 6 STOCKTON AVENUE |
| 20 Jan 2023 | £70,188 | £70,000 | 21 YODEN AVENUE |
| 19 Aug 2022 | £47,221 | £47,000 | 9 HANDLEY STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
| Jul 2024 | Other theft | Under investigation | On or near Park Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Road |
| May 2024 | Violence and sexual offences | Local resolution | On or near Park Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Park Road |