£163,022
This estimated value is based upon the latest sale price for the house of £30,000 on 11 Dec 1996. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £30,000 | 11 Dec 1996 |
| Semi-Detached |
| 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 December 1996 the House Price Index for DURHAM was 27.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 443.410%.Applying this 443.410% change to the original purchase price of £30,000 results in an estimated price of approximately £163,022.
| 11 Dec 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 149.7 | 443.410 % | £30,000 | £133,022 | £163,022 |
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 | 254.293 % | £76,287 | £106,287 |
| 3 Month Average | 184.186 % | £55,255 | £85,255 |
| 6 Month Average | 161.556 % | £48,466 | £78,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £84,000 | £84,000 | 20 ELM ROAD |
| 24 Nov 2023 | £65,667 | £64,000 | 5 HAWTHORNE ROAD |
| 10 Nov 2023 | £70,028 | £68,250 | 77 DEAN ROAD |
| 29 Sep 2023 | £92,029 | £90,000 | 29 DERWENT ROAD |
| 27 Apr 2023 | £117,191 | £114,999 | 19 HAWTHORNE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Beech Crescent |
| Sep 2024 | Anti-social behaviour | On or near Beech Crescent | |
| Sep 2024 | Anti-social behaviour | On or near Beech Crescent | |
| Sep 2024 | Anti-social behaviour | On or near Beech Crescent | |
| Sep 2024 | Anti-social behaviour | On or near Beech Crescent |