£47,961
This estimated value is based upon the latest sale price for the house of £47,000 on 28 Jun 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£47,000 | 28 Jun 2023 |
£55,000 | 4 Apr 2007 |
£60,000 | 3 Nov 2005 |
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 June 2023 the House Price Index for DURHAM was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £47,000 results in an estimated price of approximately £47,961.
28 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £47,000 | £961 | £47,961 |
The Postcode Pricing Model uses changes in average sales price within the DH8 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 | -3.024 % | £-1,421 | £45,578 |
3 Month Average | 10.633 % | £4,997 | £51,997 |
6 Month Average | 0.870 % | £408 | £47,408 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £45,000 | £45,000 | 15 NORTH CROSS STREET |
27 Mar 2024 | £51,471 | £50,680 | 75 FRONT STREET |
19 Dec 2023 | £41,268 | £40,000 | 62 SOUTH CROSS STREET |
17 Nov 2023 | £74,901 | £73,000 | 1 NEW WATLING STREET |
5 Sep 2023 | £34,766 | £34,000 | 17 NORTH CROSS STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Cross Street |
May 2024 | Violence and sexual offences | Further action is not in the public interest | On or near South Cross Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Tindale Street |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tindale Street |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tindale Street |