£174,248
This estimated value is based upon the latest sale price for the house of £140,000 on 26 Jun 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £140,000 | 26 Jun 2019 |
| £78,000 | 18 Feb 2002 |
| £56,525 | 1 Mar 1996 |
| 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 June 2019 the House Price Index for DURHAM was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £140,000 results in an estimated price of approximately £174,248.
| 26 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £140,000 | £34,248 | £174,248 |
The Postcode Pricing Model uses changes in average sales price within the DL14 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 | -11.571 % | £-16,199 | £123,800 |
| 3 Month Average | 4.709 % | £6,592 | £146,592 |
| 6 Month Average | 10.504 % | £14,705 | £154,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £61,352 | £60,000 | 54 JUBILEE STREET |
| 30 Jun 2023 | £204,090 | £200,000 | 37 NEWTON GRANGE |
| 30 Jun 2023 | £98,984 | £97,000 | 30 NEWTON GRANGE |
| 21 Feb 2023 | £181,210 | £180,000 | 8 SHERWOOD COURT |
| 5 Jan 2023 | £60,161 | £60,000 | 6 INSTITUTE TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherwood Court |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Sherwood Court |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Newton Grange |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Wear View |
| Oct 2024 | Burglary | Under investigation | On or near Addison Road |