£61,915
This estimated value is based upon the latest sale price for the house of £61,750 on 6 Jan 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £61,750 | 6 Jan 2023 |
| £38,750 | 23 May 2003 |
| £24,000 | 30 Aug 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 January 2023 the House Price Index for DURHAM was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £61,750 results in an estimated price of approximately £61,915.
| 6 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £61,750 | £165 | £61,915 |
The Postcode Pricing Model uses changes in average sales price within the SR8 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 | -27.777 % | £-17,152 | £44,597 |
| 3 Month Average | -21.675 % | £-13,384 | £48,365 |
| 6 Month Average | -24.204 % | £-14,946 | £46,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £80,701 | £80,000 | 4 WEAR TERRACE |
| 7 Nov 2023 | £66,693 | £65,000 | 12 WEAR TERRACE |
| 2 Nov 2023 | £119,020 | £115,999 | 13 GLEBE AVENUE |
| 13 Oct 2023 | £189,299 | £185,000 | 55 HOLM HILL GARDENS |
| 29 Sep 2023 | £155,426 | £152,000 | 27 HOLM HILL GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near St Nicholas Terrace |
| Jun 2024 | Vehicle crime | Under investigation | On or near St Nicholas Terrace |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Paradise Lane |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Whickham Street |
| Jul 2024 | Criminal damage and arson | Local resolution | On or near Rydal Mount |