£119,247
This estimated value is based upon the latest sale price for the house of £75,000 on 30 May 2008. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £75,000 | 30 May 2008 |
| 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 2008 the House Price Index for DURHAM was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £75,000 results in an estimated price of approximately £119,247.
| 30 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 148.6 | 58.996 % | £75,000 | £44,247 | £119,247 |
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 | -38.102 % | £-28,576 | £46,423 |
| 3 Month Average | -25.493 % | £-19,120 | £55,879 |
| 6 Month Average | -18.867 % | £-14,150 | £60,849 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £47,706 | £47,000 | 9 DAVIES WALK |
| 9 Jun 2023 | £52,131 | £51,500 | 20 DAVIES WALK |
| 7 Feb 2023 | £107,927 | £108,000 | 28 COOK GROVE |
| 12 Aug 2022 | £71,807 | £72,000 | 39 SMILLIE ROAD |
| 19 Jul 2022 | £46,124 | £46,000 | 5 HALL CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Mcguinness Avenue |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Mcguinness Avenue |
| Mar 2024 | Other crime | Under investigation | On or near Moutter Close |