£449,549
This estimated value is based upon the latest sale price for the house of £98,300 on 15 Jan 1999. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £98,300 | 15 Jan 1999 |
| 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 1999 the House Price Index for DURHAM was 32.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 357.324%.Applying this 357.324% change to the original purchase price of £98,300 results in an estimated price of approximately £449,549.
| 15 Jan 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 149.7 | 357.324 % | £98,300 | £351,249 | £449,549 |
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 | 71.206 % | £69,995 | £168,295 |
| 3 Month Average | 89.394 % | £87,874 | £186,174 |
| 6 Month Average | 107.853 % | £106,019 | £204,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £409,296 | £400,000 | VILLAGE INN SUNDERLAND ROAD |
| 16 Aug 2023 | £183,306 | £180,000 | 10 SOUTH SIDE |
| 2 Jun 2023 | £459,202 | £450,000 | ALBION HOUSE LOW ROW |
| 8 Mar 2023 | £157,632 | £155,000 | 6 SUNDERLAND ROAD |
| 19 Jan 2023 | £118,316 | £118,000 | 29 ROSEMARY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Rosemary Lane | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Rosemary Lane |
| May 2024 | Violence and sexual offences | Under investigation | On or near Rosemary Lane |
| May 2024 | Violence and sexual offences | Under investigation | On or near Rosemary Lane |
| Apr 2024 | Anti-social behaviour | On or near Rosemary Lane |