£257,161
This estimated value is based upon the latest sale price for the house of £46,000 on 16 Aug 1996. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £46,000 | 16 Aug 1996 |
| Semi-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 August 1996 the House Price Index for DURHAM was 26.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 459.047%.Applying this 459.047% change to the original purchase price of £46,000 results in an estimated price of approximately £257,161.
| 16 Aug 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.8 | 149.7 | 459.047 % | £46,000 | £211,161 | £257,161 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | 171.225 % | £78,763 | £124,763 |
| 3 Month Average | 239.957 % | £110,380 | £156,380 |
| 6 Month Average | 225.404 % | £103,685 | £149,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £85,000 | £85,000 | 50 HEATHER WAY |
| 20 Oct 2023 | £77,766 | £76,000 | 17 HEATHER WAY |
| 10 Oct 2023 | £15,349 | £15,000 | MY WAY CONISCLIFFE ROAD |
| 24 Mar 2023 | £145,429 | £143,000 | 8 GRANGE ROAD |
| 17 Mar 2023 | £198,312 | £195,000 | 18 GRANGE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Carmel Road |
| Oct 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Lyndhurst Road |
| Sep 2024 | Drugs | Under investigation | On or near Heather Way |
| Sep 2024 | Public order | Under investigation | On or near Heather Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heather Way |