£297,989
This estimated value is based upon the latest sale price for the house of £208,500 on 1 Sep 2015. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £208,500 | 1 Sep 2015 |
| £170,000 | 8 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 sq feet |
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 September 2015 the House Price Index for DURHAM was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £208,500 results in an estimated price of approximately £297,989.
| 1 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £208,500 | £89,489 | £297,989 |
The Postcode Pricing Model uses changes in average sales price within the DH1 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 | 6.541 % | £13,637 | £222,137 |
| 3 Month Average | 25.003 % | £52,131 | £260,631 |
| 6 Month Average | 16.492 % | £34,386 | £242,886 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £163,000 | £163,000 | 3 THE CATHEDRALS COURT LANE |
| 25 Oct 2023 | £881,331 | £861,314 | 28A NEW ELVET |
| 7 Sep 2023 | £74,645 | £73,000 | 39 ORCHARD HOUSE NEW ELVET |
| 30 Aug 2023 | £112,020 | £110,000 | 8 ORCHARD HOUSE NEW ELVET |
| 14 Aug 2023 | £645,645 | £634,000 | 7 CHURCH STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 19 Dec 2019. Using an estimated price of £297,990 means this house is valued at £3,678 per sq meter (£341 per sq foot).
The average size of a house on ELVET CRESCENT is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Under investigation | On or near Elvet Crescent |
| Aug 2024 | Shoplifting | Awaiting court outcome | On or near Elvet Crescent |
| Aug 2024 | Anti-social behaviour | On or near Elvet Crescent | |
| Aug 2024 | Anti-social behaviour | On or near Elvet Crescent | |
| Aug 2024 | Anti-social behaviour | On or near Elvet Crescent |