£228,023
This estimated value is based upon the latest sale price for the house of £134,995 on 31 Oct 2006. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £134,995 | 31 Oct 2006 |
| 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 October 2006 the House Price Index for DURHAM was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £134,995 results in an estimated price of approximately £228,023.
| 31 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £134,995 | £93,028 | £228,023 |
The Postcode Pricing Model uses changes in average sales price within the DH9 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 | -45.822 % | £-61,856 | £73,138 |
| 3 Month Average | -16.545 % | £-22,334 | £112,660 |
| 6 Month Average | -6.655 % | £-8,983 | £126,011 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2023 | £124,171 | £122,500 | 7 CROFT CLOSE |
| 19 Apr 2023 | £62,473 | £61,800 | 5 WESTVIEW TERRACE |
| 21 Mar 2023 | £93,380 | £92,500 | 18 FAIRVIEW TERRACE |
| 1 Mar 2023 | £79,751 | £79,000 | 27 CROFT CLOSE |
| 27 Jan 2023 | £84,601 | £85,000 | 17 FAIRVIEW TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Croft Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Croft Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Larwood Court |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Grace Court |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Margaret Court |