£815,027
This estimated value is based upon the latest sale price for the house of £133,000 on 22 May 2023. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £133,000 | 22 May 2023 |
| £125,000 | 28 Sep 2020 |
| £145,000 | 9 Sep 2011 |
| £148,500 | 7 Feb 2008 |
| £108,500 | 20 Nov 2006 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in May 2023 the House Price Index for COUNTY DURHAM was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £133,000 results in an estimated price of approximately £815,027.
| 22 May 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £133,000 | £682,027 | £815,027 |
The Postcode Pricing Model uses changes in average sales price within the SR7 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 | -59.083 % | £-78,580 | £54,419 |
| 3 Month Average | 6.354 % | £8,450 | £141,450 |
| 6 Month Average | 2.863 % | £3,807 | £136,807 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £128,963 | £125,000 | 7 WEST LANE |
| 9 Sep 2022 | £74,950 | £75,000 | 5 THE GREEN |
| 13 May 2022 | £492,839 | £480,000 | THE SHIELING THE VILLAGE |
| 12 Jan 2022 | £206,739 | £195,000 | 24 THE VILLAGE |
| 17 Dec 2021 | £175,927 | £163,000 | BYFIELDS THE VILLAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near West Lane |
| Aug 2024 | Possession of weapons | Offender given a caution | On or near High West Lane |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Western Park |
| Sep 2024 | Other theft | Under investigation | On or near Parking Area |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |