£78,284
This estimated value is based upon the latest sale price for the house of £77,500 on 25 Jul 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £77,500 | 25 Jul 2022 |
| £32,500 | 9 Jan 1998 |
| 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 July 2022 the House Price Index for DURHAM was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £77,500 results in an estimated price of approximately £78,284.
| 25 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £77,500 | £784 | £78,284 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -41.886 % | £-32,461 | £45,038 |
| 3 Month Average | -12.228 % | £-9,477 | £68,022 |
| 6 Month Average | 1.208 % | £936 | £78,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £71,092 | £70,000 | 30 HILL STREET |
| 19 Dec 2023 | £92,853 | £90,000 | 12 HILL STREET |
| 30 Oct 2023 | £286,507 | £280,000 | VINCENT LODGE VINCENT STREET |
| 13 Oct 2023 | £92,086 | £89,995 | 3 UNION STREET |
| 5 Oct 2023 | £76,743 | £75,000 | 19 HILL STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vincent Street |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vincent Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near James Street |
| Jun 2024 | Other theft | Local resolution | On or near Malcolm Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beaumont Street |