£114,196
This estimated value is based upon the latest sale price for the house of £34,950 on 12 Oct 2001. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £34,950 | 12 Oct 2001 |
| 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 2001 the House Price Index for DURHAM was 45.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 226.742%.Applying this 226.742% change to the original purchase price of £34,950 results in an estimated price of approximately £114,196.
| 12 Oct 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 149.7 | 226.742 % | £34,950 | £79,246 | £114,196 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | 139.782 % | £48,853 | £83,803 |
| 3 Month Average | 134.429 % | £46,983 | £81,933 |
| 6 Month Average | 145.369 % | £50,806 | £85,756 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £83,052 | £80,500 | 9 ERNEST TERRACE |
| 6 Oct 2023 | £89,022 | £87,000 | 3 WILFRED STREET |
| 3 Oct 2023 | £85,441 | £83,500 | 10 WILFRED STREET |
| 28 Jun 2023 | £79,595 | £78,000 | 6 WILFRED STREET |
| 26 Oct 2022 | £69,767 | £70,000 | 7 WILFRED STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Lynn Street | |
| Sep 2024 | Anti-social behaviour | On or near Lynn Street | |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lynn Street |
| Sep 2024 | Drugs | Under investigation | On or near Thomas Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thomas Street |