£339,975
This estimated value is based upon the latest sale price for the house of £59,950 on 25 May 1995. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £59,950 | 25 May 1995 |
| Semi-Detached |
| Leasehold |
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 May 1995 the House Price Index for DURHAM was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.098%.Applying this 467.098% change to the original purchase price of £59,950 results in an estimated price of approximately £339,975.
| 25 May 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.098 % | £59,950 | £280,025 | £339,975 |
The Postcode Pricing Model uses changes in average sales price within the DH2 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 | 61.875 % | £37,093 | £97,043 |
| 3 Month Average | 95.015 % | £56,961 | £116,911 |
| 6 Month Average | 100.053 % | £59,981 | £119,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £253,901 | £250,000 | 26 BRACKENBEDS CLOSE |
| 12 Mar 2024 | £137,107 | £135,000 | 28 FIELDSIDE |
| 15 Dec 2023 | £157,850 | £153,000 | ERSKINE SOUTH VIEW |
| 3 Nov 2023 | £256,460 | £249,950 | 29 BRACKENBEDS CLOSE |
| 18 Aug 2023 | £262,230 | £257,500 | 10 BRACKENBEDS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Pelton Lane | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Pelton Lane |
| Sep 2024 | Other theft | Under investigation | On or near Pelton Lane |
| Sep 2024 | Shoplifting | Under investigation | On or near Pelton Lane |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Pelton Lane |