£128,029
This estimated value is based upon the latest sale price for the house of £31,000 on 14 Oct 1999. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £31,000 | 14 Oct 1999 |
| 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 1999 the House Price Index for DURHAM was 35.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 312.999%.Applying this 312.999% change to the original purchase price of £31,000 results in an estimated price of approximately £128,029.
| 14 Oct 1999 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.8 | 148.0 | 312.999 % | £31,000 | £97,029 | £128,029 |
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 | 55.372 % | £17,165 | £48,165 |
| 3 Month Average | 76.047 % | £23,574 | £54,574 |
| 6 Month Average | 89.774 % | £27,829 | £58,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £70,668 | £70,000 | 45 WORDSWORTH ROAD |
| 7 Jul 2023 | £79,250 | £78,500 | 29 LABURNUM CRESCENT |
| 7 Jul 2023 | £31,296 | £31,000 | 5 SATURN CLOSE |
| 28 Jun 2023 | £73,597 | £73,000 | 65 WORDSWORTH ROAD |
| 10 Feb 2023 | £89,576 | £90,000 | 14 MILTON LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Petwell Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petwell Crescent |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Petwell Crescent |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wordsworth Road |
| Mar 2024 | Anti-social behaviour | On or near Wordsworth Road |