£81,212
This estimated value is based upon the latest sale price for the house of £36,000 on 15 Oct 2003. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £36,000 | 15 Oct 2003 |
| £26,450 | 15 Nov 1996 |
| 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 October 2003 the House Price Index for DURHAM was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £36,000 results in an estimated price of approximately £81,212.
| 15 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 149.7 | 125.591 % | £36,000 | £45,212 | £81,212 |
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 | 49.286 % | £17,742 | £53,742 |
| 3 Month Average | 91.891 % | £33,080 | £69,080 |
| 6 Month Average | 105.959 % | £38,145 | £74,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £119,841 | £118,000 | 1 WESLEY COURT |
| 6 Nov 2023 | £107,735 | £105,000 | 58 FINES PARK |
| 13 Oct 2023 | £58,325 | £57,000 | 15 CHURCH STREET |
| 6 Oct 2023 | £72,650 | £71,000 | 5 WESLEY COURT |
| 2 Oct 2023 | £127,905 | £125,000 | 26 WINDSOR DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Low Church Street |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Church Street |
| Oct 2024 | Anti-social behaviour | On or near Fines Park | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fines Park |
| Sep 2024 | Drugs | Under investigation | On or near Fines Park |