£225,943
This estimated value is based upon the latest sale price for the house of £227,000 on 1 Nov 2022. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £227,000 | 1 Nov 2022 |
| £152,000 | 18 Dec 2015 |
| £65,500 | 18 Dec 1998 |
| 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 November 2022 the House Price Index for DURHAM was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £227,000 results in an estimated price of approximately £225,943.
| 1 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £227,000 | £-1,056 | £225,943 |
The Postcode Pricing Model uses changes in average sales price within the DH3 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 | -7.711 % | £-17,503 | £209,496 |
| 3 Month Average | -0.758 % | £-1,719 | £225,280 |
| 6 Month Average | -4.741 % | £-10,762 | £216,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £306,788 | £299,000 | 3 BROADWAY |
| 18 Aug 2023 | £173,122 | £170,000 | 56 NEWCASTLE ROAD |
| 17 Mar 2023 | £208,712 | £205,226 | 48 NEWCASTLE ROAD |
| 15 Mar 2023 | £198,312 | £195,000 | 15 HIGHFIELD GARDENS |
| 1 Nov 2022 | £225,943 | £227,000 | 18 HIGHFIELD GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highfield Gardens |
| Sep 2024 | Other theft | Under investigation | On or near A693 |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Highfield Rise |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highfield Rise |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |