£99,337
This estimated value is based upon the latest sale price for the house of £22,000 on 2 Mar 1999. 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 Penzance Bungs
More crime details
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| Price Paid | Date |
|---|---|
| £22,000 | 2 Mar 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 March 1999 the House Price Index for DURHAM was 33.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 351.534%.Applying this 351.534% change to the original purchase price of £22,000 results in an estimated price of approximately £99,337.
| 2 Mar 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 149.7 | 351.534 % | £22,000 | £77,337 | £99,337 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | 127.924 % | £28,143 | £50,143 |
| 3 Month Average | 195.920 % | £43,102 | £65,102 |
| 6 Month Average | 175.500 % | £38,609 | £60,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £60,000 | £60,000 | 22 TREEN CRESCENT |
| 5 Apr 2024 | £134,165 | £133,000 | 12 PENZANCE COURT |
| 3 Nov 2023 | £92,344 | £90,000 | 7 MANN CRESCENT |
| 2 Oct 2023 | £60,371 | £59,000 | 5 CEDAR CRESCENT |
| 27 Sep 2023 | £150,825 | £147,500 | 6 PENZANCE COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Penzance Bungs |
| Jul 2024 | Burglary | Under investigation | On or near Penzance Bungs |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Penzance Bungs |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Penzance Bungs |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Penzance Bungs |