£70,858
This estimated value is based upon the latest sale price for the house of £70,000 on 16 Jun 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
There have been three burglaries within the last year on or near Elm Drive
More crime details
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| Price Paid | Date |
|---|---|
| £70,000 | 16 Jun 2023 |
| £75,000 | 26 May 2023 |
| £41,000 | 3 Jun 2003 |
| £32,950 | 3 Oct 2000 |
| £34,950 | 12 Nov 1996 |
| £15,000 | 8 Mar 1996 |
| 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 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £70,000 results in an estimated price of approximately £70,858.
| 16 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £70,000 | £858 | £70,858 |
The Postcode Pricing Model uses changes in average sales price within the DL4 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 | 18.360 % | £12,851 | £82,851 |
| 3 Month Average | -6.729 % | £-4,710 | £65,289 |
| 6 Month Average | -7.433 % | £-5,203 | £64,796 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £72,933 | £72,000 | 25 ELM DRIVE |
| 16 Jun 2023 | £70,858 | £70,000 | 175 AUCKLAND TERRACE |
| 1 Jun 2023 | £55,674 | £55,000 | 155A AUCKLAND TERRACE |
| 19 Aug 2022 | £155,581 | £156,000 | 118 AUCKLAND TERRACE |
| 8 Feb 2022 | £68,165 | £65,000 | 15 WEST VIEW TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Elm Drive |
| Apr 2024 | Burglary | Under investigation | On or near Elm Drive |
| Apr 2024 | Burglary | Under investigation | On or near Elm Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Elm Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elm Drive |