£70,906
This estimated value is based upon the latest sale price for the house of £60,000 on 12 Oct 2020. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £60,000 | 12 Oct 2020 |
| £55,000 | 11 Apr 2007 |
| £37,750 | 19 May 2006 |
| £19,950 | 18 Oct 2002 |
| 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 October 2020 the House Price Index for DURHAM was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £60,000 results in an estimated price of approximately £70,906.
| 12 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £60,000 | £10,906 | £70,906 |
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 | 10.427 % | £6,255 | £66,255 |
| 3 Month Average | 32.431 % | £19,458 | £79,458 |
| 6 Month Average | 25.823 % | £15,493 | £75,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £46,000 | £46,000 | 4 LUMSDEN TERRACE |
| 11 Dec 2023 | £79,957 | £77,500 | 9 OLD BLACKETT STREET |
| 5 Oct 2023 | £85,952 | £84,000 | 6 CEDAR COURT |
| 1 Sep 2023 | £58,781 | £57,485 | 10 ELM TERRACE |
| 27 Aug 2023 | £35,643 | £35,000 | 2 BATEY STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cedar Court |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Cedar Court |
| Oct 2024 | Public order | Under investigation | On or near Trowsdale Street |
| Sep 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Trowsdale Street |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oak Terrace |