£123,416
This estimated value is based upon the latest sale price for the house of £123,000 on 1 Mar 2024. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £123,000 | 1 Mar 2024 |
| £72,000 | 7 Oct 2020 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in March 2024 the House Price Index for COUNTY DURHAM was 147.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.339%.Applying this 0.339% change to the original purchase price of £123,000 results in an estimated price of approximately £123,416.
| 1 Mar 2024 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.5 | 148.0 | 0.339 % | £123,000 | £416 | £123,416 |
The Postcode Pricing Model uses changes in average sales price within the DL17 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 | -13.665 % | £-16,808 | £106,191 |
| 3 Month Average | 3.039 % | £3,738 | £126,738 |
| 6 Month Average | -4.213 % | £-5,181 | £117,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £123,417 | £123,000 | 13 RUBY AVENUE |
| 15 Dec 2023 | £53,003 | £52,000 | 8 PEARL CLOSE |
| 4 Aug 2023 | £84,514 | £84,000 | 10 RUBY AVENUE |
| 16 Jun 2023 | £82,670 | £82,000 | 1 OPAL AVENUE |
| 9 Jun 2023 | £124,005 | £123,000 | 20 OPAL AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Opal Avenue |
| Apr 2024 | Public order | Under investigation | On or near Opal Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Opal Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Opal Avenue |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Opal Avenue |