£61,289
This estimated value is based upon the latest sale price for the house of £17,750 on 2 May 2001. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £17,750 | 2 May 2001 |
| £28,950 | 15 Dec 1997 |
| £28,000 | 1 Sep 1995 |
| 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 May 2001 the House Price Index for DURHAM was 43.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 245.295%.Applying this 245.295% change to the original purchase price of £17,750 results in an estimated price of approximately £61,289.
| 2 May 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 149.7 | 245.295 % | £17,750 | £43,539 | £61,289 |
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 | 104.600 % | £18,566 | £36,316 |
| 3 Month Average | 117.568 % | £20,868 | £38,618 |
| 6 Month Average | 84.837 % | £15,058 | £32,808 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jul 2024 | £35,000 | £35,000 | THE SALVATION ARMY CRAWLAW ROAD |
| 5 Apr 2024 | £38,333 | £38,000 | 12 SCHOOL STREET |
| 22 Mar 2024 | £50,780 | £50,000 | 39A SEASIDE LANE |
| 20 Dec 2023 | £56,744 | £55,000 | 4 SCHOOL STREET |
| 13 Dec 2023 | £56,744 | £55,000 | 11 SCHOOL STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Local resolution | On or near Supermarket |
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Supermarket |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |