£289,754
This estimated value is based upon the latest sale price for the house of £185,000 on 29 Oct 2007. This value is then adjusted by the current Official House Price Index for DURHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £185,000 | 29 Oct 2007 |
| £85,700 | 18 Sep 2003 |
| 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 October 2007 the House Price Index for DURHAM was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £185,000 results in an estimated price of approximately £289,754.
| 29 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £185,000 | £104,754 | £289,754 |
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 | -38.081 % | £-70,450 | £114,549 |
| 3 Month Average | -26.989 % | £-49,929 | £135,070 |
| 6 Month Average | -23.878 % | £-44,173 | £140,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £56,744 | £55,000 | 4 SCHOOL STREET |
| 8 Dec 2023 | £237,291 | £230,000 | 28 BRIARDENE WAY |
| 20 Oct 2023 | £184,183 | £180,000 | 16 BRIARDENE WAY |
| 10 Feb 2023 | £40,269 | £40,000 | 4 SEASIDE LANE SOUTH |
| 13 Sep 2022 | £213,357 | £213,500 | 12 HILLVIEW GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Welfare Close |
| Jul 2024 | Criminal damage and arson | Local resolution | On or near Briardene Way |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Welfare Close |
| Jul 2024 | Anti-social behaviour | On or near Welfare Close | |
| Jul 2024 | Anti-social behaviour | On or near Welfare Close |